Beijing drug store fined for hiking price of masks

STR / AFP

A drug store in Beijing has been slapped with a 3 million yuan (AED 1,596,028) fine for hiking the price of face masks amid the coronavirus outbreak.

According to the city's municipal market regulator, Beijing Jimin Kangtai Pharmacy increased the price of N95 masks by almost six times the original.

Officials said they've stepped up inspections and have investigated 31 cases of price violations since January 23. 

The coronavirus outbreak, which started in the Chinese city of Wuhan, has killed 132 people and infected nearly 6,000 in the country.

More from International

Coming Up on Dubai Eye

  • The Reboot

    10:00am - Noon

  • The Best of Dubai Eye 103.8

    Noon - 7:00pm

    Hear the highlights from the week gone by on Dubai Eye 103.8. Listen again to the best interviews, advice and the top stories that has gripped our conversation this week.

BUSINESS BREAKFAST LATEST

On Dubai Eye

  • Is There Sufficient House Supply In UAE

    Dubai’s current population is more than double compared to almost twenty years ago, which now stands at 3.7 million. Lots of families are also moving to the UAE now. So what does it mean for the property market?

  • Noon's First Female Delivery Driver

    Glory Ehirim Nkiruka is Noon’s first ever female delivery driver. In her first ever interview, she explained why she loves her job, despite the heat!