Did Fosun invest in Biontech or just the covid-19 vaccine? Fosun has the right for greater China for this covid-19 vaccine.And China, biontech is partially funded by fosun.
Did Fosun invest in Biontech or just the covid-19 vaccine? Fosun has the right for greater China for this covid-19 vaccine.And China, biontech is partially funded by fosun.
Actually I'm not sure. I heard it was invested in Biontech, but could be just in the vaccine. Either way, they are making money from this.Did Fosun invest in Biontech or just the covid-19 vaccine? Fosun has the right for greater China for this covid-19 vaccine.
Actually I'm not sure. I heard it was invested in Biontech, but could be just in the vaccine. Either way, they are making money from this.
Under the terms of the agreement, Fosun Pharma has agreed to make an equity investment of USD 50 million (EUR 44 million) for 1,580,777 ordinary shares in BioNTech, subject to execution of share subscription documentation and approval from regulatory authorities in China.
Fosun Pharma will pay BioNTech up to USD 135M (EUR 120M) in upfront and potential future investment and milestone payments; the two companies will share future gross profits from the sale of the vaccine in China
Actually I think Xi did not play Trump in a dirty game.I believe this was the big article released
Big oof if true.
Xi played Trump like a fiddle if this account is to be believed. Although I dont necessarily attribute this to malice from China's part as the virus was still new then and they didnt have the data that they have now, it doesnt seem plausible to me that Xi could say with a straight face that there was no danger when Wuhan had to bs locked down and people were dying. It will be interesting to see the consequences if the article is true.In the conversation, the official said, Xi told Trump he opposed the decision to close U.S. borders to flights from China. Trump asked Xi to allow CDC officials into Wuhan, which by that point had been locked down. Xi demurred and asked Trump not to take any more actions that would create further panic, in essence asking him to play down the threat. Xi also told Trump that China had the coronavirus outbreak under control, that the virus was not a threat to the outside world, and that the virus was sensitive to temperature and therefore would likely go away when the weather got warmer.
None of these things was true, but Trump believed them — or wanted to believe them — enough to start saying them out loud, both internally and otherwise. “That was a soothing call,” said the official, who paraphrased Xi’s message as "nothing to see here, we’ve got this handled, don’t overreact."
I highly recommend you to read the article as it contains a lot of.information about the USA-China covid dynamics