The boss is in Hong Kong - China’s latest top news - SupChina

The boss is in Hong Kong – China’s latest top news


Xi Dada in Hong Kong

A photo of Xi Jinping (above) standing confidently surrounded by his aides as he waits for a meeting in Hong Kong has gone viral, with many internet users comparing the scene to that of a crime boss attended by his lackeys.

Xi is in Hong Kong for the celebrations of the 20th anniversary of the former British colony returning to Chinese rule. Below are some media reports worth your time:

In other Xi Jinping news, Xinhua News Agency’s top story (in Chinese) for June 29 is a piece of sycophancy that would make Donald Trump or Mao Zedong happy, if it were directed at them. The article is a paean to Xi, calling him a “pioneer of new concepts” (新理念的倡导者 xīn lǐniàn de chàngdǎozhě) for — among other things — advocating “win-win” cooperation as a way to avoid the Kindleberger trap, being a “shaper of a new image” (新形象的塑造者 xīn xíngxiàng de sùzào zhě) for his Belt and Road Initiative and global diplomacy, and being an “implementer of new plans” (新方案的推行者 xīn fāng’àn de tuīxíng zhě) for his book The Governance of China.

All you ever wanted to know about Guo Wengui

This week is Guo Wengui 郭文贵 week at SupChina:

Ministry of Finance turns attention to healthcare costs

In March this year, Beijing’s hospitals began testing new payment schemes intended to ameliorate some of the problems that plague China’s healthcare system: overprescribing and overcharging for drugs and consultations. Hospitals and doctors do this because they are underfunded, and the easiest way to make money is to generate profit from expensive medicines and treatments.

The Ministry of Finance has now added its significant authority to pressure for reform on all hospitals in the country with a statement (in Chinese) calling for an end to “unreasonable fees” (不合理支出 bù hélǐ zhīchū) for medical treatments, and promising reform of the healthcare payment system and diversification of health insurance options. Reuters has a short summary of the statement.

Related:

  • Sixth Tone reports on a panic among elderly Beijing residents who have been stockpiling prescription drugs because they fear healthcare reforms will greatly increase their prices.
  • The South China Morning Post notes that “nearly one in two Chinese have diabetes or are likely to get it, making [the] country’s epidemic the world’s biggest.”
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Jeremy Goldkorn

Jeremy Goldkorn is co-founder of the Sinica Podcast and currently edits SupChina and its daily newsletter.