Alice Han

So I could foresee this being a big trend where not just Chinese or ethnically Chinese people go to mainland China, have a baby there, check into this postnatal clinic, and then get treated to great service.

That could be something that I think could be very, very trendy, to your point.

But if China can get the quality of service right,

on top of much cheaper labor costs and medical services costs.

I think it's a no-brainer that China becomes like a Turkey or a South Korea.

And as I was doing research, what I found was interesting was that Hainan, I didn't know if you know this, James, the Hainan Island is actually listed by the State Council of Beijing as a special medical zone.

Now, we all know about special economic zones like Shenzhen, for instance, but this is a special medical zone in Hainan.

It's a first of its kind, and basically they allow international travelers, foreigners, to come in relatively easily and get cutting-edge, foreign-approved medical treatments and equipment and drugs, some of them in stem cell research and cochlear implants, to name a few.

So this is an interesting direction for China, and it fits well with what we've discussed previously, James, how they're really building up tourism.

They're really building up music tourism, now medical tourism.

It's all part of an effort to get the services sector more booming because China traditionally does not have a strong services sector.

Yeah.

Which province was this, James?

It was in Beijing.

What year was this?

Yeah, I agree.

I'm sure that there's a level of corruption.

And, you know, I've had personal experience with my grandparents who are still in Shanghai and elderly.

They've had largely good healthcare, but I've also heard some horror stories from some of their friends anecdotally.

So to your point, James, it's not all peaches and cream.