China’s economy is growing at its slowest pace since the global financial crisis and is on track for its worst annual performance since the 1990s. Relatively few sectors look particularly appealing in that environment.
Healthcare is one of the exceptions.
A deluge of capital has poured into the sector this year, courtesy of new listings and investment funds, even as outbound acquisitions have hit a two-decade high.
“The soil for the sector’s development is different than most other areas of the economy,” Kevin Chen, a partner at Sequoia Capital China who focuses on investment in the healthcare sector, told FinanceAsia. “With...