On Breakingviews: Officials have tested Chinese citizens for Covid billions of times, blowing up sales at firms like Daan Gene. But rising capacity and payment delays make investors anxious. This corporate welfare party is winding down, says ywchen1
A woman gets tested for COVID-19 on a street, amid new lockdown measures in parts of the city to curb the coronavirus disease outbreak in Shanghai, China July 11, 2022. REUTERS/Aly Song - RC2H9V9IKSJDHONG KONG, Sept 2 - Covid testing plays an outsized role in Chinese life: just ask anyone in the Sichuanese provincial capital of.
From the beginning of the pandemic through April 2022, the Chinese government said nearly 12 billion tests had been conducted, and that figure may have doubled since, per estimates by Soochow Securities. That is blowing up sales at firms like $3.7 billion Daan Gene
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