Successful Chinese Corona Vaccine Ready For Stage 3 Trials

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company pressing ahead with production
mass production of vaccine begins straight away
if trials successful, vaccine gets regulatory approval
building plant to deliver 100 million doses
Sinovac, Beijing biotech's corona vaccine in stage 2 trials
to hold stage 3 - final trial process - in UK
April 2020 Sinovac published results in journal Science
vaccine (CoronaVac) protects monkeys from coronavirus
biggest problem low number COVID-19 cases in China
makes testing vaccine in epidemic situation difficultcompany looking further afield for stage 3 trialsStage 2 trials months to run before stage 3 can begin
speaking to several European countries and UK as wellSky News first British broadcaster to visit its labs
global race to come up with COVID-19 vaccine
President Xi pledged any Chinese vaccine is "global public good"
China to supply solution for China and outside China
EU leaders made similar commitment
US President Donald Trump has not
AstraZeneca said UK will be 1st to get vaccine it is developingMy comments :  This is good news indeed. The Chinese company Sinovac is already testing a Corona Virus vaccine and reports good results thus far. I hope they can conclude their trials and start shipping their new vaccine all over the world. 

This is good news indeed. Once this vaccine is available to the world the world will spring back quickly I hope. 

It should. DO NOT WORRY TOO MUCH FOLKS.

In economic terms this Corona Virus is just external trauma. It has affected both the supply side and the demand side equally.

You can have economic recessions, depressions, slowdowns that can linger and last a long time when the Supply Demand Equation becomes unbalanced.

Too much money chasing too few goods = inflation. Not enough money to buy goods = deflation (??)Demand outstrips supply = inflation, high growth, full job employmentSupply outstrips demand = slowdowns, recession, unemployment etc.In one country only, or a group of countries. Not necessarily all countries.
But in this present situation the corona virus has hit both supply and demand side equally. And it has affected all countries across the globe.

So it is not that you suddenly do not have marketable skills anymore.
It is not that you do not want to buy that car anymore.
No such thing. You are afraid to venture out of your house.

Once we have licked this thing you will be able to still sell your marketable skills.
You will still want to buy that car. 

Folks, the answer to all our problems is YOU, YOU and YOU alone.

So long as you have two arms and two legs, you can make or produce some useful product or service and you still have your own needs and wants for goods and services then the entire world economy will be fine. 

Just go out and earn some money and spend some money too.
Just earn money honestly and pleeeeeease spend it wisely.

There is nothing to be afraid.Posted by Syed Akbar Ali 

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