This podcast episode delves into the transformative policy shift in China that now permits fully foreign-owned hospitals, discussing its implications on the healthcare landscape, competition, and quality of care. With insights from industry experts, the conversation dives deep into the "catfish effect" that new entrants like foreign hospitals could introduce to the sector, potentially boosting innovation and elevating standards. However, the episode also raises concerns about rising costs and the potential talent drain from public hospitals, ultimately questioning whether such changes will benefit all segments of the population or exacerbate healthcare inequalities.