China's Biggest Developers Are Betting on $2,400 Nose Jobs
- Wanda, Evergrande lure home buyers with hospitals, senior care
- Prices for land for health care come with huge discount
Why China Developers Are Eying Heath Projects
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It’s called "Asia’s top-notch plastic surgery hospital," according to the promotional brochure for the grand, Chinese palace-style building near the port of Tianjin.
With nearly 100 VIP suites and doctors from South Korea offering Chinese clients $2,400 nose jobs and $1,000 double-eyelid plasties, the cosmetic surgery palace is a gamble by one of China’s most indebted developers, China Evergrande Group: get into the health-care business as a new strategy to boost profit.