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WTO and rcep allows for this?

syed putra

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China moves to shut out foreign medical equipment makers​

Beijing pushes domestic agenda in market dominated by overseas companies
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The Chinese government wants to build its own medical device industry. (Photo by Tomoko Wakasugi)
SHUNSUKE TABETA and TOMOKO WAKASUGI, Nikkei staff writersSeptember 14, 2022 18:00 JSTUpdated on September 14, 2022 19:37 JST
BEIJING/SHANGHAI -- China's move to ban overseas-made medical equipment is forcing multinational corporations to choose between leaving the market or handing over their core technologies.
Local governments in Hubei, Anhui, Shanxi provinces and the Ningxia Hui autonomous region issued notices in April to local hospitals to limit their use of medical and testing equipment to those produced domestically.
This is thought to have been in response to the central government's internal notice issued in May 2021 that listed 315 items -- including equipment for magnetic resonance imaging, computed tomography, X-rays, and endoscopes -- that it wanted hospitals to procure only from local producers.

"This will affect some of the products, such as the postponement of equipment purchases," said an official from Japanese testing equipment maker Sysmex. Another medical equipment maker said it had decided not to bid for any contracts.
Many local governments have been obeying that order. "Major hospitals in Beijing, Shanghai, Guangdong Province and other areas are also increasingly limiting their procurement to domestically produced products," said a person familiar with the matter.
Foreign companies dominate the Chinese medical equipment market with a share of 70% to 80% of CT and MRI sales through public bidding, according to local media. These companies make around 80% of high-performance models, according to those reports. The top three manufacturers are General Electric, Siemens and Philips.
China's medical equipment market is vast and only expected to expand in the future due to an aging population. Local media reported that turnover of China's medical equipment market is expected to double by 2025 from 2021's $140 billion, which was already close to that of the U.S. Sales of CTs and MRIs sales reached $3.5 billion and $2 billion per year respectively, from public bidding figures alone, according to Chinese media reports.
 

Boliao

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I think they should especially after the West stop the sale and operations of all Western technology overnight when Russia moved to liberate Ukraine. These are equipments that are needed to save lives. One would be stupid to put their national interests in the hand of foreign firms that have demonstrated they are fully under the control of their government.
 
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laksaboy

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It's a good thing. Remember how the Tiongs hoarded masks and delivered them to Wuhan in early 2020?

China has infiltrated and corrupted the WTO and other organizations. Forget about economics, the military is the only option.

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syed putra

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China insist in open and free trade, but insist foreign companies intending to sell products in china set. A local manufacturng facilities.
 

mudhatter

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this reminds me of that iranian surgical robot many countries were supposedly interested but not much came out of it apparently

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its very likely that iranian indigenous content is going to be a lot lower than tiongs coz iran is just a joke sized country of 80 million while tiongkok is bigger than any continent on Earth outside Asia in terms of population, and more populous than all western countries combined. same is true of CECA virus.

with a joke sized population of only 80 million, puny countries like iran turkey egypt or others that are smaller will always remain vulnerable to western or eastern or foreign pressure or sanctions or threat or embargo or isolation. worse yet iran is a nation of losers. while even teeny tiny north korea has tested ICBM and nuclear weapons publicly, iran dare not do that despite all the threats isolation embargo sabotage propaganda damage caused to iran, incl sanctions embargo isolation etc. etc. ust a nation of losers.

if you are a big country, you like one.


come what may, you test nukes, you test ICBM, you affirm that you can raze any country, any city anywhere on Earth with 3 megatonne (TNT equivalent energy) blasts at any time of your choosing. economy can come later, development can come later.

look at tiongs, look at ceca virus. big populations, and big countries, first tested bomb, then they focused on economy.

iranian losers put thte cart before the horse. they needed to put the horse before the cart.
 

red amoeba

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well, US blocked sale of chips to Chinkland. Tit for tat...you cannot say China is not playing ball here.
 

eatshitndie

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well, US blocked sale of chips to Chinkland. Tit for tat...you cannot say China is not playing ball here.
very difficult to develop advanced medical equipment without chips. it will require decades before prc cums out with a 100% native designed mri machine without reverse engineering. even with reverse engineering it’s tough without chips and software.
 

eatshitndie

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I've said time and again: innovation and creativity cannot thrive in a totalitarian shithole. :cool:

sexpecting another epic failure from prc to develop their own advanced medical equipment. their most advanced contribution so far to the world is none other than the sperm sextracting machine.
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eatshitndie

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tiong spies are trying to steal tech from intuitive surgical inc. in sunnyvale, but management has prevented hiring of tiongs knowing many are on industrial sexpionage assignments in sillycon valley. the entire valley is swarmed with tiong spies and thieves. as for chink hires they must be u.s. shitizens born in the u.s.a. to non-prc parents.
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orh mee suah

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Countries with fast ageing population should worry.
Any restrictions imposed on China will also hurt the US and its allies by cutting off access to affordable healthcare and medicine.
The west also relies on India for generic medicine and she gets the raw materials from China.
India and China are two very huge markets for biomeds as well. Why will big pharms give up these markets?
 

syed putra

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I think they should especially after the West stop the sale and operations of all Western technology overnight when Russia moved to liberate Ukraine. These are equipments that are needed to save lives. One would be stupid to put their national interests in the hand of foreign firms that have demonstrated they are fully under the control of their government.
If US impose sanctions, the foreign companies will be forced to leave china and write off their losses.
 
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