China’s Mass COVID Testing: Players And Profits Behind The Policy

New Billionaires Created

Even at $2.40 per test, tens of millions of tests provided add up quickly to deplete China’s medical insurance pool. Now the government wants localities to step and pay.

BEIJINGERS LINED UP FOR COVID PCR TESTING IN APRIL 2022
BEIJINGERS LINING UP FOR COVID PCR TESTING IN APRIL 2022 • Source: Brian Yang/MTI

Since COVID infections flared up in Beijing a month ago, non-stop testing has been conducted daily across hundreds of sites scattered around the sprawling city.

All residents of communities with even one confirmed infection are required to go through the PCR testing daily. One resident...

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