Chinese city health system nears collapse under Covid debt burden


Source: indianeconomicobserver.com indianeconomicobserver.com

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Beijing [China], July 17 : Chinese city Huludao is showing signs of the strain of Covid-19 measures on local health systems, with authorities saying debts were rising far faster than their capacity to repay them, media reports said. Chinese health care systems are bearing the brunt of the higher costs for preventive equipment and the low income of the provincial government. With a massive amount already spent on health care tackling COVID, the city's revenue had taken a major hit. According to a statement by the health commission of Huludao, Liaoning province, the debts were mainly the result of the...