China – The world may turn to China for COVID-19 vaccine

Developing countries may face a long wait if they want a vaccine made in the West, but there’s always the option of turning to China , says an economist from DBS.

“Considering the billions of doses needed, and the risk [of] falling at the back of a very long line for Western vaccines, the appeal of the Chinese vaccines is apparent,” Taimur Baig, chief economist and managing director at DBS Group Research, said in a note.

There will be a rush to procure Western vaccines when they’re approved by regulators, and poorer countries may find them unaffordable…