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China in need of surgical masks as Thailand set to control prices

China in need of surgical masks as Thailand set to control prices

21 Sept 02:41 Key points summarised by AI
  • China faces an urgent shortage of medical masks and protective equipment as the coronavirus death toll rises, leading to mandatory mask-wearing in public.
  • Chinese mask factories operate below capacity due to the Lunar New Year, creating a "tight equilibrium" between supply and demand despite high production potential.
  • China is actively seeking medical supplies globally, importing from Europe, Japan, and the US, and receiving donations from various countries.
  • Thailand is implementing price and distribution controls on surgical masks and hand sanitizers to combat shortages and soaring prices, partly driven by demand from Chinese tourists.
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