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

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

are increasing of a spike in infections as people scramble for cough medicines, flu drugs and masks.

"No efforts should be spared to ensure smooth delivery of medical supplies including vaccinations, antigen testing reagents, drugs and masks," said the notice, published by China's ministry of transport. China's State Administration for Market Regulation admonished against price gouging in anti-COVID products, citing the need to better protect human lives and health.

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