Local residents line up for mandatory coronavirus testing in Daxing district, Beijing, last month. Photo: EPA-EFE Local residents line up for mandatory coronavirus testing in Daxing district, Beijing, last month. Photo: EPA-EFE
Local residents line up for mandatory coronavirus testing in Daxing district, Beijing, last month. Photo: EPA-EFE

China’s coronavirus testing ‘overkill’ gives economy a shot in the arm, with huge windfall for industry

  • 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

Topic |   China coronavirus vaccine
Local residents line up for mandatory coronavirus testing in Daxing district, Beijing, last month. Photo: EPA-EFE Local residents line up for mandatory coronavirus testing in Daxing district, Beijing, last month. Photo: EPA-EFE
Local residents line up for mandatory coronavirus testing in Daxing district, Beijing, last month. Photo: EPA-EFE
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