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In 1960, China’s life expectancy was 33 years, below the world average of 51 years and the U.S.’s 70 years. Today, China’s life expectancy is 78 years, above the world average of 73 years, and almost catches up to the U.S.’s 78.4 years.
Why has China improved its health so much?
In China, 95% of the population—which is 1.36 billion people—is insured by the government, and all the best Chinese hospitals are public rather than private. Meanwhile, in the U.S., you become a saint after killing a health-insurance CEO.
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