- Posted on December 02, 2022
- News
- By FC Team
- 110 Views

KEY POINTSTrending on Weibo, China’s version of Twitter, on Tuesday morning was the hashtag: “If virus testing chaos never stops, the pandemic may never end,” according to CNBC’s translation of the Chinese.Lanzhou city health authorities last week blamed a testing company’s poor management for reporting some positive virus test results as negative.CNBC selected 15 publicly listed Chinese Covid testing companies and found that they reported a total revenue of 86.58 billion yuan ($12.2 billion) in the first three quarters of the year, according to data from Wind Information.BEIJING — Local frustration with Covid controls in China has increasingly targeted virus testing requirements and the big business they’ve fueled.Trending on Weibo, China’s version of Twitter, on Tuesday morning was the hashtag: “If virus testing chaos never stops, the pandemic may never end,” according to CNBC’s translation of the Chinese.The hashtag was referring to the headline of a now-deleted opinion piece from a publication overseen by People’s Daily, the Chinese Communist Party’s newspaper. The article listed several instances of allegedly forged virus test results this year across the country, including in Shanghai and Beijing.The article warned that false reporting of nucleic acid test results could end up spreading the virus further, lead to even more rounds of testing — and lockdowns for months on end.That same media outlet on Monday published an article, still online, about more than 30 virus testing companies in China all controlled by the same shareholder — which has been repeatedly fined.Last week, Lanzhou city health authorities blamed one of those companies for reporting some positive virus test results as negative.CNBC.com