China announced $1 billion loan to South America to access coronavirus vaccine
Chinese Foreign Minister Wang Yi announced a $1 billion loan to Latin America and the Caribbean for Covid-19 vaccine access during a virtual gathering with his Latin American counterparts on Wednesday, according to a statement released by the Mexican Foreign Affairs Ministry. "China's Foreign Minister said that the vaccine developed in his country will be a public benefit of universal access"
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Here's Why Buying Coronavirus Stocks Can Be Risky
Here's Why Buying Coronavirus Stocks Can Be Risky
Many of the hottest stocks on the markets right now are those of companies developing potential vaccines or treatments for COVID-19, or businesses that are well-suited to the transformed economic conditions of the coronavirus pandemic. While new COVID-19 cases may continue to pop up for many years, investors shouldn't assume the pandemic is a long-term situation and ought to avoid investing based on that assumption.
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Fool
Novavax Launches Midstage Coronavirus Vaccine Trial
Novavax Launches Midstage Coronavirus Vaccine Trial
Vaccine specialist Novavax (NASDAQ:NVAX) announced the launch of a phase 2b clinical trial in South Africa to test the effectiveness of its coronavirus vaccine, NVX-CoV2373. Novavax is somewhat behind the leaders in the race for an approved vaccine for COVID-19, but the level of transmission in South Africa may give the company a chance to evaluate the efficacy of its vaccine very quickly.
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Fool
China risks losing Taiwan 'forever' due to its actions in Hong Kong, says strategist
China may never "reunify" with Taiwan now that the central government in Beijing has tightened its control over Hong Kong, one strategist said on Monday. The Chinese Communist Party has never governed the island, but has sought to push Taiwan to accept Beijing's rule under a "one country, two systems" framework.
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Cnbc
China conducts a record 4.8 million coronavirus tests in one day
China ramped up its coronavirus testing capacity in recent days as the country reached a record 4.84 million tests conducted each day by the end of July, said Wang Jiangping, Vice Minister of the Ministry of Industry and Information Technology. China also reported 37 new symptomatic Covid-19 cases and 20 new asymptomatic cases on Thursday
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BBC