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I think you have to continue to have healthcare exposure.
A great illustration of how bad the situation is - look at Novo Nordisk - was in the mid-teens in 2003. Ten years later it's $165 a share (it was nearly $200 not that long ago.)
Dear Scott: It would stand to reason that China would have more cases when the population of the U.S. is 313 Million and China 1.3 Billion. Regards, Ted P.S. Zero Hedge.Com is prone to viruses and malware !
"As in the rest of Asia, the burden of diabetes is falling disproportionately on the young and middle-aged, the authors said. Pre-diabetes was present in 40 percent of adults ages 18 to 29, and 47 percent among those 30 to 39."
"China’s rising prevalence of diabetes has strained its health services and helped fuel a 20 percent-a-year growth in drug sales, stoking the need for newer and costlier medications from companies including Merck & Co. (MRK), Novo Nordisk A/S (NOVOB) and Sanofi. (SAN)"
Poor nutrition must be part of this picture, with so many Chinese still not yet in the Middle Class. What did you have for dinner? Rice. And maybe some salt. In the cities, buying in supermarkets, are the Chinese purchasing meat that's been hormone'd -up, as in our stores here?
Reply to @MaxBialystock: I think a good amount of it is due to people there having more money and eating more fast food. Rapid lifestyle changes and significant shifts in eating are issues, as well: (" “Rapid lifestyle changes in China have caused rising trends in obesity, and that is now bringing out the abnormality of a people biologically more vulnerable to diabetes,” Juliana Chan, a professor of medicine and therapeutics at the Chinese University of Hong Kong, said in a telephone interview.") and ("“China is now among the countries with the highest diabetes prevalence in Asia and has the largest absolute disease burden of diabetes in the world,” wrote authors led by Guang Ning in the laboratory for endocrine and metabolic diseases at the National Health and Family Planning Commission. “Poor nutrition in utero and early life combined with over-nutrition in later life may contribute to the accelerated epidemic of diabetes in China.”
Interesting. Yes, I see it. Fascinating, the statement that the Chinese (and Asians, generally?) are "biologically more vulnerable." Why on earth.....? But then I read: "poor nutrition in utero and over-nutrition later in life." So, it's not in one's (Asian) genes. It's all about pre-natal CARE.
Comments
Regards,
Ted
P.S. Zero Hedge.Com is prone to viruses and malware !
"As in the rest of Asia, the burden of diabetes is falling disproportionately on the young and middle-aged, the authors said. Pre-diabetes was present in 40 percent of adults ages 18 to 29, and 47 percent among those 30 to 39."
"China’s rising prevalence of diabetes has strained its health services and helped fuel a 20 percent-a-year growth in drug sales, stoking the need for newer and costlier medications from companies including Merck & Co. (MRK), Novo Nordisk A/S (NOVOB) and Sanofi. (SAN)"
http://www.bloomberg.com/news/2013-09-03/china-catastrophe-hits-114-million-as-diabetes-spreads.html
“Rapid lifestyle changes in China have caused rising trends in obesity, and that is now bringing out the abnormality of a people biologically more vulnerable to diabetes,” Juliana Chan, a professor of medicine and therapeutics at the Chinese University of Hong Kong, said in a telephone interview.") and ("“China is now among the countries with the highest diabetes prevalence in Asia and has the largest absolute disease burden of diabetes in the world,” wrote authors led by Guang Ning in the laboratory for endocrine and metabolic diseases at the National Health and Family Planning Commission. “Poor nutrition in utero and early life combined with over-nutrition in later life may contribute to the accelerated epidemic of diabetes in China.”