The Credit Crunch Diaries.Informed comment from John Smith updated daily as the biggest financial crisis of modern times grips the world. This diary reflects the author’s personal view and interpretation of events, no offence to any party is intended or inferred.

Monday, 8 February 2010

China’s next big export?

China’s next big export?

No nation has had more written about it over the past eighteen months (certainly in my case) than China. The world’s greatest creditor nation and sustainer, if not causer, of the West’s consumer binge.

Now stand back for the next major export. This one will bug you even more.

Prof Xiao, the head of China’s National Antibiotic Resistance Investigation Network has said, “In Chinese hospitals our data shows that 60% of inpatients are being prescribed antibiotics compared with the World Health Organisation guidelines of 30%.” It is reported that although China’s state food and drug administration bans the sale of antibiotics without a prescription, such drugs are easily available over the counter (source Daily Telegraph). Three out of five chemists agreed to sell antibiotics after a cursory consultation with the “patient” who complained of a sore throat. At one outlet a pharmacist handed over a course of the second-generation antibiotic, Cefuroxime Axetil, with minimal hesitation. Asked if the sale could get her into trouble, she said that the pharmacy would get a doctor to write the prescription later to cover its sales records.

Scientists say that the reckless use of antibiotics in the health system and agricultural production is creating an explosion of drug-resistant super bugs that risk global health and there is a frightening rise in bacteria such as MRSA spreadable quickly via international air travel and food sourcing. A new strain of MRSA has already been found in Chinese pigs imported into Hong Kong. The source was confirmed as Guangzhou where many of the pigs are farmed.

You could stop buying Chinese goods for a while. Try stopping this export.


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