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Fidelity Fund Touts China Health Stocks Citing Japan-Like Trends

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Fidelity Fund Touts China Health Stocks Citing Japan-Like Trends

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China’s demographic and export developments are more and more resembling these of Japan a number of many years in the past, prompting a top-performing fairness fund to purchase healthcare shares on the earth’s second-largest economic system.

Hospitals, pharmaceutical companies and medical gear makers are set to realize as China’s inhabitants will get older and wealthier, and the nation exports extra medical gear, stated Xiaoting Zhao, who manages the Fidelity Emerging Asia fund which beat 94% of friends final yr.

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