China’s Medical-Goods Market Is ‘Wild West’ Amid Surging Coronavirus Demand Buyers in the red-hot ventilator market are being forced to take risks and act quickly during this health crisis, and competition has driven the supply chain into chaos. Tractus Managing Director John Evans recounts in The Wall Street Journal, “Chinese suppliers turned over addresses of warehouses that the suppliers said were filled with masks available… Read More
Coronavirus: inside China’s ‘Wild West’, where ‘mask machines are like cash printers’ “It is a wild feeding frenzy, but like the Dutch tulip market, it will all come crashing down,” Tractus Executive Director and Co-Founder Dennis Meseroll said about China’s ventilator market in the South China Morning Post. “Traders are reselling – they’re saying you pay me and I will find some more [ventilators], but nobody is… Read More
Coronavirus: from helping firms exit China to sourcing Chinese medical supplies for US states, here’s what I learned In the South China Morning Post, Tractus Managing Director John Evans highlighted how the U.S. can learn from China’s quick economic recovery from COVID-19 and the impact of the pandemic on Tractus clients. “[We] certainly can and should learn from how China adapted to [COVID-19]. We need to…accept the fact that our initial disinterest in a crisis… Read More