China's medical exports tumble as world moves on from COVID

Medicines and equipment hit by weak demand amid slow global recovery

20230804 China COVID vaccine

Boxes of COVID-19 vaccines are seen at a packaging workshop inside the Beijing Institute of Biological Products of Sinopharm's China National Biotec Group in Beijing, February 26, 2021. © Reuters

WANG YUSHI and HAN WEI, Caixin

China's medical exports fell 26.1% year-on-year in the first half of 2023, dragged down by weaker demand amid a sluggish global economic recovery and a high base for comparison.

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