China cites market factors to reject India's plea to control soaring prices of Covid-19 medical equipment Deccan Herald


Source: deccanherald.com deccanherald.com

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Beijing on Friday cited market factors to virtually dismiss New Delhi’s call for interventions to keep stable the prices of the ventilators, oxygen concentrators and other medical equipment being procured commercially from China to contain the raging second wave of the Covid-19 pandemic in India. The market factors like supply and demand determine prices of products, an official of the government of the communist country said, responding to the recent call by Consul General of India in Hong Kong, Priyanka Chauhan, to the Chinese Government for interventions to lower the soaring prices of medical equipment. “Taking oxygen concentrators as an...