Bloomberg In 2014, billionaire Jack Ma, founder of online retail giant Alibaba Group Holding Ltd., declared his ambition to make China’s hospitals better, drugs cheaper and people healthier. Others in China’s tech universe were becoming equally bullish on health care, and that year alone, investment in the internet health sector surged about sevenfold to $1.4 billion. Since then, billionaire ...

  BEIJING / AP China’s auto sales shrank in January following a sales tax increase, an industry group reported on Monday. Sales in the world’s biggest auto market declined 1.1 percent from a year earlier to 2.2 million, compared to December’s 9.1 percent expansion, according to the China Association of Automobile Manufacturers. Total vehicle sales, including trucks and buses, rose ...

  Bloomberg India’s inflation grew at its slowest pace on record even as the central bank unexpectedly held interest rates in its monetary policy review last week. Consumer prices rose 3.17 percent in January from a year earlier, the Statistics Ministry said in a statement in New Delhi on Monday. That’s slower than the 3.24 percent median estimate in a ...