China approves its first mRNA Covid-19 vaccine

China has approved its first Covid-19 vaccine based on mRNA technology, months after the country lifted strict pandemic measures.

The vaccine was developed by CSPC Pharmaceutical Group, a homegrown firm based in the northern Chinese city of Shijiazhuang, it said in a Wednesday statement to the Hong Kong stock exchange. The vaccine targets the Omicron variant and was tested in China with over 5,500 people, it added. The approval comes just weeks after China declared a “major and decisive victory” in its handling of the coronavirus outbreak that swept the country in recent months following an abrupt relaxation of its “zero-Covid” policy late last year. “This is a positive step because there is strong scientific evidence that mRNA vaccines do much better than non-MRA vaccines,” Jin Dong-yan, a professor in molecular virology at the University of Hong Kong, told CNN. “Whether this product … is as good as other products on market is still to be determined.” CSPC said in the statement the results had demonstrated the vaccine’s “safety, immunogenicity and efficacy,” but it didn’t offer additional details. Until now, China has approved only inactivated vaccines made by Sinovac Biotech and Sinopharm Group, two Beijing-based drugmakers. The inactivated vaccines have been found to elicit lower levels of antibody response compared to ones using the newer messenger RNA technology. Biotech firms Pfizer\n \n (PFE) and Moderna\n \n (MRNA) make rRNA vaccines..0:01.JPMorgan Chase’s investment bank has been hired to advise First Republic as the embattled regional bank tries to ease concerns about its financial condition, people familiar with the matter told CNN. First Republic’s share price has plummeted 90% to record lows over the past month as investors took scrutinized lenders with a high amount of uninsured depositors — a response to the collapse of Silicon Valley Bank and Signature Bank earlier this month. First Republic’s nosedive continued even after 11 of America’s biggest banks, including JPMorgan, Citigroup and Wells Fargo, provided First Republic with a $30 billion rescue last week. Despite that effort, both Moody’s and S&P Global Ratings downgraded First Republic’s credit ratings over the weekend. Now, San Francisco-based First Republic has hired JPMorgan’s investment bank to help management explore its options, including potentially raising additional capital, the people familiar with the matter told CNN. Both JPMorgan and First Republic declined to comment. News of JPMorgan’s hiring was previously reported by CNBC First Republic shares rallied 22% in premarket trading Tuesday, rebounding from a 47% plunge on Monday. Jim Herbert, First Republic’s founder and executive chairman, and CEO Mike Roffler last week expressed their “deep appreciation” to the big banks for their $30 billion lifeline. “Their collective support strengthens our liquidity position, reflects the ongoing quality of our business, and is a vote of confidence for First Republic and the entire U.S. banking system,” the First Republic executives said in a statement last week..The TikTok chief executive has, for the last week, participated in near-daily, multi-hour prep sessions, CNN has learned, as he readies to face a bipartisan grilling on Thursday from lawmakers on a number of issues, most notably data privacy and security, in his first sworn testimony before US lawmakers. In prep sessions, which have taken place in Washington, D.C. ahead of the high-stakes hearing, TikTok personnel have worked to sharpen and polish Chew’s presentation. They have played the roles of lawmakers with various questioning styles, peppering Chew with practice queries and scenarios to ready him for hours of relentless interrogation. TikTok is hoping that all the prep pays off. Chew’s testimony comes at a pivotal moment for the short form social media company that stormed onto the scene in 2016 with viral goofy dance videos and now faces serious threats to its very existence in the U.S. and other Western countries. The Biden administration demanded earlier this month that the company’s Chinese owners divest from the company or be exiled from the country. A version of this article first appeared in the “Reliable Sources” newsletter. Sign up for the daily digest chronicling the evolving media landscape here. The app has raised bipartisan national security concerns and growing worries that its sophisticated algorithm poses a danger to young people. While some of those concerns are more hyperbole than fact, the company has become a political football amid deepening US-China tensions, with some politicians taking a stiff stance on the company to signal their tough position on the Chinese Communist Party. Chew is looking to push back on those narratives and will try to underscore four particular points to the committee: that TikTok has a commitment to safety, particularly for young people; that TikTok will “firewall” US user data; that TikTok “will not be manipulated” by any government; and that it will “be transparent and give access to third-party independent monitors.” “I am well aware that the fact that ByteDance has Chinese founders has prompted concerns that our platform could be used as or become a tool of China or the Chinese Communist Party,” Chew acknowledged in his prepared remarks posted by the House Energy and Commerce Committee ahead of the hearing. But, Chew will argue that it is “emphatically untrue” TikTok’s corporate structure “makes it beholden to the Chinese government or that it shares information about US users with the Chinese government.” Whether the committee is receptive to his arguments is up in the air. If I were a betting man, I would not put money on it. Chew will not be on friendly grounds, as made clear by the statement Rep. Cathy McMorris Rodgers, the chair of the committee, issued in advance of the hearing. “Americans deserve to know the extent to which their privacy is jeopardized and their data is manipulated by ByteDance-owned TikTok’s relationship with China,” McMorris Rodgers said. “What’s worse, we know Big Tech companies, like TikTok, use harmful algorithms to exploit children for profit and expose them to dangerous content online.” The congresswoman said she wanted Chew to “answer for” TikTok’s “destructive actions.” We’ll see how that goes..

.

Read more:
CNN International »

TikTok CEO grilled by U.S. lawmakers over ‘dangerous’ content

U.S. lawmakers at a congressional hearing on Thursday accused TikTok of serving harmful content and inflicting ’emotional distress’ on young users, grilling the Chinese-owned app’s CEO on the company’s outsized influence on teens. Read more >>

Wow I don’t understand how they are just now approving of it though Good. Another win for China. And maybe for the rest of the world too: a cheaper alternative for the ‘western’ version. Rand Paul expose lying vaccine Rep. Don’t trust them 😂 So they die off just after their soldiers take over the planet

Magari lo hanno testato prima di inoculare….. decerebrati They waited for the US version to fail I thought we all got over that cough Stole the technology…. Crooked China….

US Monitoring Russia-China “Friendship” – CNN Political Briefing – Podcast on CNN AudioWill China provide lethal aid to Russia for the war in Ukraine? That’s the big question that looms over the meetings this week between Russia and China’s presidents. CNN Political Director David Chalian explains what has come out of the meetings so far, and how the US is responding. China says it’s pushing for peace in Ukraine, but Washington says Beijing’s plan would only benefit Russia. Xi Jinping: Change is coming that hasn’t happened in 100 years. And we are driving this change together. Putin: I agree. Xi Jinping: Please, take care, dear friend. Putin: Have a safe journey! The incompetent Biden administration is pretty much forcing countries into alliances before they are next on the weaponization of the dollar against them. On this current path, once another reserve currency is used besides the petrodollar, the US is finished. This is exactly what JoeBiden teased Russia and China about doing.

The way CNN is presenting this is poor. China approves its first mrna vaccine. Meaning they never had one before. So all this time they never had a vaccine? After it dug into everyone’s nostrils via PCR swabs, to collect said DNA for the lab experiment.

JPMorgan is advising First Republic on another potential lifeline, sources say | CNN BusinessJPMorgan Chase’s investment bank has been hired to advise First Republic as the embattled regional bank tries to ease concerns about its financial condition, people familiar with the matter told CNN. No way. The banker that approved the fed orgin is allowed to have privileges I thought CNN was out of business ? Where is my money 🙂

How TikTok’s CEO prepared for his first grilling on Capitol Hill | CNN BusinessShou Zi Chew is getting ready for his inaugural trip to Congress. Asians have the weirdest names, and don’t tell me it’s a cultural difference. He’s kinda hot Communist piece of crap .. everyone knows he’s a spy for communist China..he should be banned from the USA

French unions hold first national strike since government rammed through pension reform | CNN BusinessFrance’s powerful unions are planning to come out in force for a nationwide strike Thursday in a rejection of a controversial retirement reform that was pushed through the country’s legislature last week. Govts job is balancong interests. Rich ha e ot good while workers wgite and blue collat not so much. Macron a former banker has no empathy for working class. Worker pushback overdue. This wealth model keeps families poor RIP the guillotine is such a nasty device; yet French workers do have more benefits than most other civilized countries

TikTok CEO testifies before Congress for the first time | CNN BusinessUS lawmakers are set to grill TikTok’s chief executive on Thursday, in a wide-ranging hearing that could not come at a more consequential moment for the embattled social media platform. The fear of China is the beginning of wisdom. China’s relationship with the rest of the world commands respect and I see them rising more with great influence, affluence and impact. What a waste of time. Just ban the CCP. We are being attacked from within. Politicians in both parties have received generational wealth from the Communist Chinese Party. This needs to stop and hold to account the media that has supported the communalist Chinese by running cover and failing to report to Americans.

JPMorgan, Deutsche Bank must face lawsuits over Jeffrey Epstein ties, judge says | CNN BusinessJPMorgan Chase and Deutsche Bank must face lawsuits that accuse them of enabling Jeffrey Epstein’s sex trafficking, a US judge said Monday. Think about what this means for a minute. Not only were the highest political/government figures taking rides with him to his island, but some of the biggest financial institutions were in bed with him. But yeah, you’re crazy if you say the world is run by pedophiles. Follow the money. The current assault on Trump is to distract you from the banking crisis, Epstein’s Island rapists and the impending WWIII ImpeachBidenNow

Read more here: Source link