Tony Sagami - Veteran investment advisor and a leading expert on Asian markets.

25% of Chinese have no health insurance

by Tony Sagami on March 20, 2009

in General

For all the criticism we hear about the U.S. health care system, our system compares pretty favorably toward socialized medicine. For example, a whopping 25% of Chinese have no health care coverage whatsoever and hundreds of millions have the barest bones of coverage.

The concept of socialized medicine is getting some pretty good political traction in the democrat-controlled Congress and I think it is a huge mistake.

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