Broad access to quality health care starts with making it less expensive through increased competition and eliminating harmful regulations.

Larry Summers has a good Financial Times oped on the same subject, titled "Washington may bluster but cannot stifle the Chinese economy." He puts well the point of my previous post: At the heart of the US’s problem in defining an economic strategy towards China is the following awkward fact. Suppose China had been fully compliant with every trade and investment rule and had been as open to the world as the most open countries at its income level.

India’s former “rockstar central banker”, Raghuram Rajan, has a word of advice for the Narendra Modi government in the backdrop of its strained relations with the central bank: “the sensible government knows when to back off.”