Well, well, well…
Looks like China is benefiting big time from people suffering worldwide from the virus that they gave to all of us.
According to reports, China is making a big profit from medical mask manufacturing as demand for N95 masks soars across the globe.
And you know what’s even worse?
Most of these companies didn’t sprout up and start making masks until after January.
Interesting timing, huh?
Chinese manufacturers of medical masks are cashing in on the coronavirus pandemic that started in their country.
Chinese manufacturers are seeing profits spike as global demand for masks and other medical equipment has reached a fever pitch.
Nearly a fifth of mask manufacturers in the country only jumped into the business after January, the Financial Times reported, citing official data.
“A mask machine is a real cash printer,” Shi Xinghui, a sales manager of an N95 mask manufacturer in China, told Agence France-Presse.
“The profit of a mask now is at least several cents compared to less than one in the past,” Xinghui added. “Printing 60,000 or 70,000 masks a day is equivalent to printing money.”
Mask-making machines “pay for themselves in 15 days,” the owner of another Chinese mask manufacturer told AFP. [Daily Caller]
This can’t be the first time China has benefited from a worldwide virus.
And if people remain complacent with China it certainly won’t be the last.
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