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‘Panic buying’ and shortages hit China as Covid-19 curbs are eased

News Snapshot:

Beijing: With China easing some of its rigid Covid-19 curbs last week, the Chinese people are indulging in ‘panic buying’ even as the number of infections soar across the country. People have been rushing to buy ibuprofen, cold medicines and Covid-19 testing kits as reports of shortages trickle in. Several items needed to prepare home remedies are now unavailable online, including basic things like lemons and canned peaches, known to be rich in vitamin C. In the post Covid-19 world, hoarding of essential items is a common phenomenon, but this is likely to be the first instance of it in…

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