China Boasts It Is Getting Rich Selling Syringes to America

Breitbart: China’s state-run Global Times bragged Sunday that Chinese companies are making a fortune selling syringes and needles to the United States during the coronavirus pandemic, a tidal wave of imports that makes a mockery of “the U.S. government’s attempt to get rid of the Chinese supply chain.”

The Global Times quoted U.S. officials admitting in congressional testimony that 80 percent of the needles and syringes used in the United States, and about 90 percent of the supplies purchased worldwide, originate from China. Chinese officials said China’s factories produce hundreds of thousands of syringes a day.

According to Chinese government and business sources, low costs of production and labor, combined with supply chains that have not been decimated by the coronavirus as thoroughly as those in most other countries, make the Chinese syringe industry unbeatable.

“Orders have been piling up for several months, and we are expanding our production to meet the rising demand. With the new production lines to be completed in early May, our monthly capacity will be quadrupled to 40 million units,” an anonymous corporate executive told the Global Times.

Other Chinese industry sources said they have orders backed up through the summer of 2021 as coronavirus vaccinations have increased global demand for needles. They said U.S. orders began flooding in about six months ago. Heavy demand is causing syringe prices to surge, but according to the Global Times, U.S.-made syringes are still over twice as expensive as Chinese products. read more