China cracks down on drug price gouging amid fears of Covid-19 spike

South Africa News News

China cracks down on drug price gouging amid fears of Covid-19 spike
South Africa Latest News,South Africa Headlines
  • 📰 TimesLIVE
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 59%

Chinese authorities said they were cracking down on price gouging of medical supplies and drugs, and seeking to ensure they flow smoothly as fears grow of a massive Covid-19 outbreak after the nationwide dismantling of strict restrictions.

China announced 10 measures on Wednesday that loosened key parts of President Xi Jinping's signature zero-Covid-19 policy, in a dramatic pivot towards economic reopening. But concerns are increasing of a spike in infections as people scramble for cough medicines, flu drugs and masks.

“No efforts should be spared to ensure smooth delivery of medical supplies including vaccinations, antigen testing reagents, drugs and masks,” said the notice, published by China's ministry of transport. China's State Administration for Market Regulation admonished against price gouging in anti-Covid-19 products, citing the need to better protect human lives and health.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

TimesLIVE /  🏆 28. in ZA

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

China relaxes Covid-19 controls amid rising infection risksTicket sales for tourist and leisure spots soar as the government gradually moves towards living with the virus
Read more »

Africa: Despite Continued Impact of Covid-19, Malaria Cases and Deaths Remained Stable in 2021Africa: Despite Continued Impact of Covid-19, Malaria Cases and Deaths Remained Stable in 2021Press Release - New data released today by the World Health Organization (WHO) show that countries around the world largely held the line against further setbacks to malaria prevention, testing and treatment services in 2021.
Read more »

Q&A: Black Friday got back to pre-Covid levels, says AbsaBank notes uptick of 150% in online and e-commerce
Read more »

Asian shares rise on China’s Covid shift and weaker dollarInvestors focus on US producer price inflation figures for signs about the health of the economy
Read more »

Phaahla urges South Africans to get COVID vaccine boosterPhaahla urges South Africans to get COVID vaccine boosterHealth Minister Joe Phaahla said that while the number of COVID-19 cases remained low, the country still continued to record deaths linked to the virus on a weekly basis.
Read more »



Render Time: 2025-02-26 09:50:44