China’s overzealous covid testing is creating new billionaires while punishing the poor ...Middle East

Quartz - Economy
China’s overzealous covid testing is creating new billionaires while punishing the poor
source : Quartz ( Middle East ) () 18
The most stringent of covid-19 lockdown restrictions may have ended for Shanghai, but the city’s 25 million residents are still finding it difficult to go about their daily lives. City authorities are now requiring residents to provide a negative covid-19 PCR test taken within 48 hours to access public spaces, a policy that is expected to roll out nationwide. And after providing tens of millions of free tests to battle flare ups over the past half year, the government has now decided to pass on the costs. A PCR test typically costs between 16 to 20 yuan, or $2.40 to $3. The costs of constant swabbing will add financial stressors to China’s working class.Grocery stores, restaurants, malls, an

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