#Newspaper #OpinionArticle
Making abnormal profits in the Pandemic: CCP makes big money from selling ventilators 1/2
(9 Apr) The share price of Shenzhen Mindray Bio-Medical Electronics Co. Ltd. has skyrocketed by 50%. To increase profits, it used pro-Beijing media to advocate that the global demand of ventilators is reaching a million. New York State, alone, needs 60,000 units. By exaggerating demand, the company seeks to create the illusion of supply shortage to justify price inflation. How does the CCP play a part in mercantile predation? The Foreign Minister of the PRC Wang Yi called the Foreign Minister of Switzerland, requesting that the latter increase its supply of critical spare parts for manufacture of ventilators in China. The conversation exposed how the CCP cannot make the qualified spare parts themselves. However, the CCP can manipulate the trading of ventilators. Switzerland sells the essential spare parts to China at a cost demanded by the CCP on "humanitarian" basis. However, the predicament is it will effectively facilitate the CCP in making abnormal profits.
News has been surfacing around the world of the CCP soliciting the sale of medical supplies at high prices while holding out and being 'the white knight' to other countries in the pandemic crisis.
Excerpt: Facebook
https://www.facebook.com/yhmetblogspot/posts/3101215879928529
#CCP #Pandemic #Ventilator #Shenzhen #MindrayBioMedicalElectronics #MedicalSupplies #AbnormalProfit #ChinaInfluence #SharpPower
Making abnormal profits in the Pandemic: CCP makes big money from selling ventilators 1/2
(9 Apr) The share price of Shenzhen Mindray Bio-Medical Electronics Co. Ltd. has skyrocketed by 50%. To increase profits, it used pro-Beijing media to advocate that the global demand of ventilators is reaching a million. New York State, alone, needs 60,000 units. By exaggerating demand, the company seeks to create the illusion of supply shortage to justify price inflation. How does the CCP play a part in mercantile predation? The Foreign Minister of the PRC Wang Yi called the Foreign Minister of Switzerland, requesting that the latter increase its supply of critical spare parts for manufacture of ventilators in China. The conversation exposed how the CCP cannot make the qualified spare parts themselves. However, the CCP can manipulate the trading of ventilators. Switzerland sells the essential spare parts to China at a cost demanded by the CCP on "humanitarian" basis. However, the predicament is it will effectively facilitate the CCP in making abnormal profits.
News has been surfacing around the world of the CCP soliciting the sale of medical supplies at high prices while holding out and being 'the white knight' to other countries in the pandemic crisis.
Excerpt: Facebook
https://www.facebook.com/yhmetblogspot/posts/3101215879928529
#CCP #Pandemic #Ventilator #Shenzhen #MindrayBioMedicalElectronics #MedicalSupplies #AbnormalProfit #ChinaInfluence #SharpPower