Wednesday, June 20, 2007

China's Smokers, Pollution-Related Illnesses, Spur Medical Device Stocks

(Bloomberg) -- China's smoking habits and pollution
are triggering heart disease, cancer and respiratory ailments in
the country's 1.3 billion inhabitants.

The government is spending more on everything from syringes
to ultrasound machines to prepare for an impending health-care
crisis. That's driving up shares of Chinese medical-equipment
makers, putting them among the best performers in the industry.


Read more at Bloomberg Stocks News

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