China’s Medical-Goods Market Is ‘Wild West’ Amid Surging Coronavirus Demand

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China’s Medical-Goods Market Is ‘Wild West’ Amid Surging Coronavirus Demand
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China’s medical-goods supply chain is in chaos as foreign governments, hospitals and businesses compete

Urgent late night inspections at Chinese mask factories. Hurried million-dollar wire transfers to secure ventilator deals. Middlemen lurking outside a Shanghai factory offering masks of unknown provenance.

China’s supply chain for medical goods is devolving into a free-for-all as foreign governments, hospitals and businesses—and all their middlemen—descend on the country to secure ventilators and masks and other protective gear.

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