By Benjamin A Shobert
Providing care for China’s aging population has long been one of the most promising market opportunities the country has to offer. For over a decade, Western operators of eldercare facilities have looked at the China market as a key growth opportunity for their industry.
Last week’s announcement by Seattle-based Cascade Healthcare that it was opening a new eldercare facility in Shanghai is the first major investment by a North American eldercare operator, but is anticipated to be only the first wave of such investments. Continue