China’s COVID-19 testing ‘overkill’ gives economy shot in the arm, industry gets windfall
Cissy Zhou, South China Morning Post
Posted at Feb 05 03:24 PM
Millions of mandatory Covid-19 tests, plus compulsory tests for trips over Chinese New Year, result in massive profits. Analysts estimate that hospitals, third-party testing institutions and test manufacturers could rake in up to 150 billion yuan (US$23.2 billion) during this year’s Spring Festival travel period alone.
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