Coronavirus: inside China’s ‘Wild West’, where ‘mask machines are like cash printers’

A “wild feeding frenzy” is under way in China for medical equipment crucial to containing the spread of the deadly coronavirus around the world.Scalpers stake out factories with suitcases loaded with cash to secure millions of surgical masks hot off the production line. Dealers trade ventilators back and forth as if they were cargoes of coal, before they finally reach the end buyer carrying eye-watering mark-ups.Governments wire eight-figure sums of money for vital equipment only to lose out to…Original Article

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