Daily Management Review

In The Wake Of The Covid Wave, China Looks To Lemons, Peaches, And Traditional Medicine


In The Wake Of The Covid Wave, China Looks To Lemons, Peaches, And Traditional Medicine
Following China's relaxation of strict zero-tolerance regulations, the number of cases of COVID increased there. As Chinese citizens rush to find a cure for the virus, the cost of lemons and traditional Chinese medicine is also rising.
Due to increased demand, the cost of fruits high in vitamin C and antioxidants is rising.
This month, a grocery store in Beijing charged 13 yuan ($1.86), or roughly twice the going rate, for two lemons.
Other locals have complained about the price of lemons on social media sites like Weibo, with one user claiming to have paid 12 yuan ($1.72) for three lemons.
“I did not know that lemon prices could triple in one day,” posted another Weibo user.
According to a local media report, lemons were once out of stock in Chengdu on the e-commerce website Dingdong Maicai.
The demand for peaches in cans is increasing. Sales of canned yellow peaches increased by nearly 900% week over week, according to Fresh Hippo, another online retailer owned by Alibaba.
On December 14, 2022, a notice indicating the temporary lack of stock of Chinese patent medications like Lianhua Qingwen granules is displayed at a community health service station in Beijing, China.
Similar to the above, shares of Chinese pharmaceutical firms producing TCM hit their highest levels in a year earlier this month as a result of an increase in Covid caseloads and official support for the herbal treatments.
Early in December compared to a year ago, Shijiazhuang Yiling Pharmaceutical, which makes the well-known herbal remedy Lianhua Qingwen, increased by 184%.
The end of November saw a similar increase of more than 142% for China Resources Sanjiu Medical & Pharmaceutical compared to the same time last year.
Liu Qingquan, president of the Beijing Hospital of Traditional Chinese Medicines, stated in a briefing in December that traditional Chinese medicine "has a very good effect" on stimulating gastrointestinal functions in addition to treating fever and other symptoms related to the Omicron strain when combined with Western treatments.
China's local and central government authorities recently reversed course from their harsh zero-Covid measures, which included, among other things, mandating that people stay at home and that many businesses run primarily from a distance.
China announced on Monday that, as of the beginning of the following year, visitors will no longer require quarantine upon arrival on the mainland.