Will Medical Devices Be Next on China's Chopping Block?

It's been a tumultous two months for the health care industry in China. Big pharma's fortunes have turned sour in a heartbeat after Beijing's investigations into GlaxoSmithKline (NYSE: GSK  )  -- which resulted in a number of arrests -- have morphed into probes of numerous countries in the world's hottest emerging markets. With many health care companies looking toward China and other developing economies for the future, the escalating situation has turned into a giant headache.

China's reportedly expanding its probes far beyond pharmaceutical companies -- and even the health care sector at large. However, for medical device makers, it's time to start paying attention to China's investigations if you haven't been so far.

According to Reuters, an industry body in China has begun investigating device makers in the country for any signs of price-fixing behavior. Nothing has turned up so far, but just how could this situation play out for the industry's top companies in the nation -- and in your portfolio? Fool contributor Dan Carroll explains the latest in the video below and tells you which companies have the most to lose in this fast-growing market.

Investing in China's a tricky business, between the price-fixing investigation to the country's recent slowdown that has Wall Street worried. Fortunately, you don't have to know China backwards and forwards to make money off of the world's hottest emerging markets. Profiting from our increasingly global economy can be as easy as investing in your own backyard. The Motley Fool's free report "3 American Companies Set to Dominate the World" shows you how. Click here to get your free copy before it's gone.

Read/Post Comments (1) | Recommend This Article (2)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Add your comment.

Compare Brokers

Fool Disclosure

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2608043, ~/Articles/ArticleHandler.aspx, 9/28/2016 10:45:32 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated Moments ago Sponsored by:
DOW 18,242.03 13.73 0.08%
S&P 500 2,159.21 -0.72 -0.03%
NASD 5,307.73 2.02 0.04%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

9/28/2016 10:29 AM
ABT $42.11 Down -0.22 -0.52%
Abbott Laboratorie… CAPS Rating: *****
GSK $43.52 Up +0.20 +0.45%
GlaxoSmithKline CAPS Rating: ***
MDT $86.62 Down -0.05 -0.06%
Medtronic CAPS Rating: *****
SNN $33.02 Up +0.15 +0.46%
Smith and Nephew CAPS Rating: ****
SYK $117.00 Down -0.42 -0.36%
Stryker CAPS Rating: *****