China cracks down on drug price gouging amid fears of COVID spike

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, Qazet.az reports.

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