Chindia Alert: You’ll be Living in their World Very Soon
aims to alert you to the threats and opportunities that China and India present. China and India require serious attention; case of ‘hidden dragon and crouching tiger’.
Without this attention, governments, businesses and, indeed, individuals may find themselves at a great disadvantage sooner rather than later.
The POSTs (front webpages) are mainly 'cuttings' from reliable sources, updated continuously.
The PAGEs (see Tabs, above) attempt to make the information more meaningful by putting some structure to the information we have researched and assembled since 2006.
MUMBAI/NEW DELHI (Reuters) – India is likely to receive 102% rainfall of a long-term average this year, the state-run weather office said on Monday, raising expectations for higher farm output in Asia’s third-biggest economy, which is reeling from the new coronavirus pandemic.
In July India could receive 103% rainfall of its long-term average and 97% in August, M. Rajeevan, secretary at the Ministry of Earth Sciences, told a news conference.
The IMD defines average, or normal, rainfall as between 96%and 104% of a 50-year average of 88 centimetres for the entire four-month season beginning in June.
Chinese President Xi Jinping, also general secretary of the Communist Party of China Central Committee and chairman of the Central Military Commission, takes part in a deliberation with his fellow deputies from the delegation of Inner Mongolia Autonomous Region at the third session of the 13th National People’s Congress (NPC) in Beijing, capital of China, May 22, 2020. (Xinhua/Ju Peng)
BEIJING, May 23 (Xinhua) — “What is people first?” Chinese President Xi Jinping asked, before offering his own answer when he was talking with lawmakers at the ongoing national legislative session.
“So many people worked together to save a single patient. This, in essence, embodies doing whatever it takes (to save lives),” he said.
Xi, also general secretary of the Communist Party of China Central Committee and chairman of the Central Military Commission, is a deputy to the 13th National People’s Congress.
During his deliberations with fellow deputies from Inner Mongolia Autonomous Region on Friday, “people” was a keyword.
Xi referred to a story told by another deputy that morning. Luo Jie, from the COVID-19 hard-hit province of Hubei, told reporters at the session how medical workers in his hospital spent 47 days saving an 87-year-old COVID-19 patient.
“About 10 medical workers meticulously took care of the patient for dozens of days, and finally saved the patient’s life,” Xi said. “I am really impressed.”
In the COVID-19 pandemic, health workers around the world got to know the elderly are the most difficult to treat and require the most sophisticated medical resources. China has given every patient equal treatment irrespective of their age or wealth.
Chinese President Xi Jinping, also general secretary of the Communist Party of China Central Committee and chairman of the Central Military Commission, takes part in a deliberation with his fellow deputies from the delegation of Inner Mongolia Autonomous Region at the third session of the 13th National People’s Congress (NPC) in Beijing, capital of China, May 22, 2020. (Xinhua/Huang Jingwen)
In Hubei alone, more than 3,600 COVID-19 patients over the age of 80 have been cured. In the provincial capital Wuhan, seven centenarian patients have been cured.
“We mobilized from around the nation the best doctors, the most advanced equipment and the most needed resources to Hubei and Wuhan, going all out to save lives,” Xi said during the deliberations, adding that the eldest patient cured is 108 years old.
“We are willing to save lives at all costs. No matter how old the patients are and how serious their conditions have become, we never give up,” Xi said.
Xi joined political advisors and lawmakers on Thursday and Friday in paying silent tribute to the lives lost to COVID-19 as the top political advisory body and the national legislature opened their annual sessions.
This year’s government work report said China’s economy posted negative growth in the first quarter of this year, but it was “a price worth paying” to contain COVID-19 as life is invaluable.
“As a developing country with 1.4 billion people, it is only by overcoming enormous difficulties that China has been able to contain COVID-19 in such a short time while also ensuring our people’s basic needs,” the report said.
Epidemic response is a reflection of China’s governing philosophy.
The fundamental goal for the Party to unite and lead the people in revolution, development and reform is “to ensure a better life for them,” Xi said.
The nation’s average life expectancy reached 77 years in 2018, more than double that in 1949, when the people’s republic was founded.
Chinese people are not just living longer but better lives, with more material wealth and broader choices to pursue individual dreams. All rural poor will bid farewell to poverty this year as part of the goal of building a moderately prosperous society in all respects.
The Party’s long-term governance, Xi said, rests on “always maintaining close bond with the people.”
“We must always remain true to the people’s aspiration and work in concert with them through thick and thin,” Xi said.
People’s Liberation Army has officially recorded no infections but disease fears have delayed recruitment, training and operations
Analysts say Sars experience guided military’s prompt response, but combat effectiveness has been affected
Chinese military medical personnel arriving in Wuhan in February to assist with the coronavirus outbreak response to the February. Photo: Reuters
China’s military may have been spared any coronavirus infections, but the global health crisis has slowed the progress of Chinese President Xi Jinping’s plan to transform the People’s Liberation Army into a modern fighting force capable of long-range power-projecting operations, experts say.
According to China’s defence ministry, the world’s largest armed force – with about 2.3 million personnel – has had zero confirmed cases of Covid-19. In contrast, the US and Russian militaries, ranked second- and third-largest in the world, have reported more than 4,000 and 1,000 respectively.
But the PLA has been affected in other ways by the disease, which was first reported in Wuhan in December before going on to infect 3.9 million people around the world to date.
Safety concerns delayed its annual spring recruitment programme – it has been rescheduled for August – while the PLA Navy was forced to change its training arrangements, switching to classroom study of military theory and tactics, according to Xinhua.
“The PLA is still a conscription army and, given its large turnover of soldiers every year and the late recruitment and training plan this year, the coronavirus pandemic has already affected combat effectiveness,” said Adam Ni, director of the China Policy Centre, an independent, non-profit research organisation based in Canberra, Australia.
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The navy’s operations, in particular, would have been affected, according to Charlie Lyons Jones, a researcher from the Australian Strategic Policy Institute’s defence and strategy programme.
“The Chinese navy, short of highly effective disease control measures, is unlikely to avoid similar outbreaks of the novel coronavirus on board its warships,” he said.
“Therefore, even if the PLA Navy currently has zero personnel infected by the novel coronavirus, its position as a navy that can operate effectively in a period of higher-than-normal tension remains precarious at best,” Jones said. He also questioned Beijing’s claims that the military was virus-free.
“The PLA played an important role in China’s response to the coronavirus outbreak in Wuhan … The idea that none of these personnel working on the front lines in Wuhan became infected by the novel coronavirus would be inconsistent with the experiences of countries from around the world,” he said.
More than 4,000 military medical workers were sent to Wuhan as part of China’s effort to contain the outbreak at ground zero – which included the rapid-built emergency field facility, the Huoshenshan hospital – and their efforts were highlighted in a documentary screened recently by state broadcaster CCTV.
China opens coronavirus hospital built in 10 days
At the time, rumours were rampant that the Chinese military had been affected by the coronavirus, fuelled by a report on February 17 by the official PLA Daily that some soldiers had been placed in quarantine and Yu Qiusong, captain of the Changzhou type 054A frigate, was isolating in a guest house. The news report did not mention why the personnel were in quarantine.
But analysts said that whether the official numbers were accurate, the PLA’s closed management, fast response and past experience with severe acute respiratory syndrome (Sars) gave China’s military an advantage in keeping the coronavirus at bay.
Zhou Chenming, a Beijing-based military observer, said a key reason for the less serious hit to the PLA compared to other forces was its speed in recognising the severity of the situation.
“What’s more, the PLA has its own logistic support system that can help minimise its contact with the outside world, thus reducing the possibility of contracting the virus,” he said.
China’s long-range stealth bomber could make its debut this year
4 May 2020
According to Xinhua, the PLA’s Centre for Disease Control and Prevention drew up an emergency response plan and mobilisation arrangements on January 20, the same day Xi issued an instruction to the public that the virus must be “resolutely contained”.
Timothy Heath, a senior international defence research analyst with the Rand Corporation, a US think tank, said China’s military had benefited from its less international role, compared to US forces.
“The US is a globally distributed force while the Chinese military largely operates on the mainland. The US thus faces challenges in containing the disease that the Chinese military does not have to face … and the US military has a large range of missions and tasks it carries out to counter threats to its allies and partners, as well as to US security. This complicates efforts by the US military to carry out disease control measures,” he said.
Indian security forces have killed a prominent militant leader in disputed Kashmir, officials say.
Riyaz Naikoo had taken over command of the banned Hizbul Mujahideen group, succeeding Burhan Wani who was killed by security forces in 2016.
Wani’s death triggered massive protests in the region, which is claimed in its entirety by both India and Pakistan.
The region has seen an armed insurgency against Indian rule since 1989, which has flared following Wani’s killing.
Naikoo was shot dead in his home village of Beigh Pora in Pulwama district after militants killed eight security personnel in two separate attacks, part of a recent surge of violence in Indian-administered Kashmir.
Locals said the militant leader had been trapped in a joint siege laid by army, paramilitary and police forces. He had been on the run for eight years.
“At least 76 militants including Naikoo have been killed since January this year. But we also lost 20 soldiers including senior army and police officers,” a security official told BBC Urdu on condition of anonymity.
Under a new policy, militants who are killed are not identified and their bodies are not handed over to their families.
Officials had accused Riyaz Naikoo of plotting attacks against the security establishment in the valley.
Disputed Kashmir has been a flashpoint for more than 60 years, sparking two wars between India and Pakistan.
In August 2019, the Indian government stripped the region of its semi-autonomous status and split it into two federally-run territories.
Thousands of people were detained and the region remains under severe security restrictions.
Joint mission will send two unmanned probes into orbit around the closest planet to the sun
The BepiColombo standing in position at a test facility in Spijkenisse. Its mission to Mercury is scheduled for launch on an Ariane 5 from Europe’s Spaceport in Kourou, French Guiana on October 20. Photo: AFP Photo
Final preparations were underway on Friday for the launch of a joint mission by European and Japanese space agencies to send twin probes to Mercury, the closest planet to the sun.
An Ariane 5 rocket is scheduled to lift the unmanned spacecraft into orbit from French Guiana shortly before midnight, the start of a seven-year journey to the solar system’s innermost planet.
Mercury is seen in silhouette, lower third of image, as it transits across the face of the sun. Photo: AFP PHOTO / NASA / BILL INGALLS
The European Space Agency says the €1.3 billion (US$1.5 billion) mission is one of the most challenging in its history. Mercury’s extreme temperatures, the intense gravity pull of the sun and blistering solar radiation make for hellish conditions.
The BepiColombo spacecraft will have to follow an elliptical path that involves a fly-by of Earth, two of Venus and six of Mercury itself so it can slow down sufficiently before arriving at its destination in December 2025.
An Ariane-5 rocket is set for launch at the Guiana Space Centre in Kourou in French Guiana. Photo: Kyodo
Newly developed electrical ion thrusters will help nudge the spacecraft, which was named after Italian scientist Giuseppe “Bepi” Colombo, into the right orbit.
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When it arrives, BepiColombo will release two probes – Bepi and Mio – that will independently investigate the surface and magnetic field of Mercury. The probes are designed to cope with temperatures varying from 430 degrees Celsius (806F) on the side facing the sun, and -180 degrees Celsius (-292F) in Mercury’s shadow.
An Ariane-5 rocket is transported to its launch site at the Guiana Space Centre in Kourou. Photo: Kyodo
Scientists hope to build on the insights gained by Nasa’s Messenger probe, which ended its mission in 2015 after a four-year orbit of Mercury. The only other spacecraft to visit Mercury was Nasa’s Mariner 10 that flew past the planet in the mid-1970s.
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Mercury, which is only slightly larger than Earth’s moon, has a massive iron core about which little is known. Researchers are also hoping to learn more about the formation of the solar system from the data gathered by the BepiColombo mission.
Combo photo taken on May 3, 2020 shows Cao Xiongbin checking the temperature of his colleague (left) and posing for a photo at the construction site of the Renhuai-Zunyi expressway in Zunyi, southwest China’s Guizhou Province. Cao, 25, from Jingdezhen of Jiangxi Province, has been working as a staff member on the COVID-19 control and prevention since early time this year. Many young workers have stuck to their positions during Labor Day holiday. (Xinhua/Liu Xu)
Beijing ‘carefully considering’ unveiling the plane at the Zhuhai Airshow in November at a time of heightened regional tension
H-20 will give China the nuclear triad of submarines, ballistic missiles and bombers
An artist’s impression of what the H-20 may look like. Photo: Weibo
China’s new generation strategic bomber is likely to be ready for delivery this year, but Beijing is said to be weighing the impact of its unveiling at a complex time in regional relations due to the coronavirus pandemic.
Military sources said the Xian H-20 supersonic stealth bomber – expected to double the country’s strike range – could make its first public appearance at this year’s Zhuhai Airshow in November, if the pandemic was sufficiently under control.
“The Zhuhai Airshow is expected to become a platform to promote China’s image and its success in pandemic control – telling the outside world that the contagion did not have any big impacts on Chinese defence industry enterprises,” a source said.
But the appearance of the bomber at this year’s air show could heighten tensions by directly threatening countries within its strike range, especially Australia, Japan and the Korean peninsula.
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“The Beijing leadership is still carefully considering whether its commission will affect regional balance, especially as regional tensions have been escalating over the Covid-19 pandemic,” another source said.
“Like intercontinental ballistic missiles, all strategic bombers can be used for delivering nuclear weapons … if China claimed it had pursued a national defence policy which is purely defensive in nature, why would it need such an offensive weapon?”
Tensions in the region have worsened in the past month with a war of words between Beijing and Washington over the pandemic, and both sides increasing naval patrols.
The US defence department has estimated a cruising distance of more than 8,500km (5,300 miles) for the H-20, the last in China’s 20 series of new generation warplanes, which includes the J-20 stealth fighter jet, the Y-20 giant transporter and the Z-20 medium-lift utility helicopter.
The arrival of the H-20 would mark the completion of China’s “nuclear triad” of ground-based intercontinental ballistic missiles, submarine-launched missiles and air-launched weapons.
An H-6K bomber, or China’s B-52, flies over the South China Sea. Photo: AP
Chinese state television has said the H-20 could alter the strategic calculus between the US and China by doubling the strike range of its current H-6K, dubbed the country’s B-52.
The H-20 has reportedly been designed to strike targets beyond the second island ring – which includes US bases in Japan, Guam, the Philippines and other countries – from bases in mainland China. The third island chain extends to Hawaii and coastal Australia.
It will be equipped with nuclear and conventional missiles with a maximum take-off weight of at least 200 tonnes and a payload of up to 45 tonnes. The bomber is expected to fly at subsonic speeds and could potentially unleash four powerful hypersonic stealth cruise missiles.
However, like China’s first active stealth fighter jet, the J-20, engine development of the H-20 bomber has fallen behind schedule, according to sources.
For the J-20, engineers were developing high-thrust turbofan WS-15 engines, but the jet is understood to be using either Chinese WS-10B or Russian-built AL-31FM2/3 engines, which compromise its manoeuvrability and stealth capabilities at subsonic speeds.
Military enthusiasts have speculated the H-20 might use the NK-321 Russian engine but two independent military sources said it would be equipped with an upgraded WS-10 engine.
“The WS-10 is still a transitional engine for the H-20 because it is not powerful enough. The eligible replacement may take two to three years for development,” one of the sources said.
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The second said the speed of the H-20 would be slower than its original design, with some of its original combat capability being reduced.
“That’s why the American air force doesn’t care about the H-20, because it is not strong and powerful enough to cause any challenge to their B-2 and B-21 bombers.”
If the US decided to deploy more F-35 supersonic fighter jets – it has already sold about 200 to Japan and South Korea – it could push China to bring forward the unveiling of the new bomber, the second source said.
“For example, if some US decision makers decided to deploy up to 500 F-35s to Japan, South Korea, and even Singapore, India and Taiwan – making almost all of China’s neighbours in the Indo-Pacific region use F-35s to contain China – that would pushBeijing to launch the H-20 as soon as possible.”
The H-20 is believed to have been in development since the early 2000s. The project to develop a strategic bomber was first announced by the People’s Liberation Army in 2016.
BEIJING (Reuters) – Tang Yue, a 27-year-old teacher from the city of Guilin in southwest China, steam-presses a blue dress and takes dozens of photographs before picking one to clinch her 200th online sale.
For a growing number of Chinese like Tang, hit by job losses, furloughs and salary cuts, the consumer economy has begun to spin in reverse. They are no longer buying – they are selling.
Instead of emerging from the coronavirus epidemic and returning to the shopping habits that helped drive the world’s second-largest economy, many young people are offloading possessions and embracing a new-found ethic for hard times: less is more.
With Tang’s monthly salary of about 7,000 yuan ($988), the self-described shopaholic said she has bought everything from Chanel lipsticks to Apple’s (AAPL.O) latest iPad in the past three years.
But the adrenaline rush that comes with binge-shopping is gone, said Tang, whose wages have been slashed with the suspension of all the classes on tourism management she usually teaches.
“The coronavirus outbreak was a wake-up call,” she said. “When I saw the collapse of so many industries, I realised I had no financial buffer should something unfortunate happen to me.”
There is no guarantee that the nascent minimalist trend will continue once the coronavirus crisis is fully over, but if it does, it could seriously damage China’s consumer sector and hurt thousands of businesses from big retailers to street-corner restaurants, gyms and beauty salons.
To be sure, there are signs that pent-up demand will drive a rush of spending as authorities reopen malls, leisure venues and tourist spots. In South Korea, the first major economy outside of China to be hit by the virus, people thronged malls this weekend to go “revenge shopping” to make up for time lost in lockdown.,
There are some signs that a similar trend will take hold in China, where some upscale malls are starting to get busy, although luxury firm Kering SA (PRTP.PA) – which owns Gucci, Balenciaga and other fashion brands – has said it is hard to predict how or when sales in China might come back.
A recent McKinsey & Co survey showed that between 20% and 30% of respondents in China said they would continue to be cautious, either consuming slightly less or, in a few cases, a lot less.
“The lockdown provided consumers with a lot of time and reasons to reflect and consider what is important to them,” said Mark Tanner, managing director at Shanghai-based research and marketing consultancy China Skinny.
“With much more of their days spent in their homes, consumers also have more time and reasons to sort through things they don’t feel they need – so they’re not living around clutter that is common in many apartments.”
#DITCHYOURSTUFF
Tang made a spreadsheet to keep track of her nearly 200 cosmetic products and hundreds of pieces of clothing. She then marked a few essentials in red that she wanted to keep. In the past two months, she has sold items worth nearly 5,000 yuan on second-hand marketplaces online.
Bargain-hunting online has become a new habit for some Chinese as the stigma that once hung over second-hand goods has begun to fade.
Idle Fish, China’s biggest online site for used goods, hit a record daily transaction volume in March, its parent company Alibaba (BABA.N) told Reuters.
Government researchers predict that transactions for used goods in China may top 1 trillion yuan ($141 billion) this year.
Posts with the hashtag #ditchyourstuff have trended on Chinese social media in recent weeks, garnering more than 140 million views.
Jiang Zhuoyue, 31, who works as an accountant at a traditional Chinese medicine company in Beijing – one of the few industries that may benefit from the health crisis – has also decided to turn to a simpler life.
“I used to shop too much and could be easily lured by discounts,” said Jiang. “One time Sephora offered 20% off for all goods, I then bought a lot of cosmetics because I feel I’m losing money if I don’t.”
Jiang, the mother of a 9-month-old baby, said she recently sold nearly 50 pieces of used clothing as the lockdown gave her the opportunity to clear things out. “It also offered me a chance to rethink what’s essential to me, and the importance of doing financial planning,” she said.
Eleven Li, a 23-year-old flight attendant, said she used to spend her money on all manner of celebrity-endorsed facial masks, snacks, concert tickets and social media activity, but now has no way to fund her spending.
“I just found a new job late last year, then COVID-19 came along, and I haven’t been able to fly once since I joined, and I’ve gotten no salary at all,” said Li, who said she was trying to sell her Kindle.
Some are even selling their pets, as they consider leaving big cities like Beijing and Shanghai where the high cost of living is finally catching up with them.
NO RETURN TO OLD WAYS?
As the coronavirus comes under control in China, the government is gradually releasing cities from lockdown, easing transport restrictions and encouraging consumers to venture back into malls and restaurants by giving out billions-worth of cash vouchers, worth between 10 yuan and 100 yuan.
But many people say they are still worried about job security and potential wage cuts because of the struggling economy. Nationwide retail sales have plunged every month so far this year.
Xu Chi, a Shanghai-based senior strategic analyst with Zhongtai Securities, said some Chinese consumers may prove the ‘21 Day Habit Theory,’ a popular scientific proposition that it only takes that long to establish new habits.
“We believe people’s spending patterns follow the well-known theory, which means most people in China, having been cooped-up at home for more than a month and not having binge-shopped, may break the habit and not return to their old ways,” Xu said.
Jiang said she was determined not to return to her free-spending ways and planned to cook more at home.
“I’ll turn to cheaper goods for some luxury brands,” she said. “I’ll choose Huawei’s smartphone, because (Apple’s) iPhone has too much brand premium.”
Tang, who has recently used 100 yuan of shopping coupons to stock up on food, is going to hold the purse strings even tighter.
“I’ve set my monthly budget at 1,000 yuan,” she said. “Including one – and just one – bottle of bubble tea.”
GUBEI WATER TOWN, China (Reuters) – The mock Qing dynasty village nestled below the Great Wall would normally be teeming with tourists on Labour Day, but the thin crowds on Friday showed that while China’s coronavirus epidemic has subsided, people’s fears could take longer to fade.
During holidays, some 100,000 visitors a day would traipse round the quaint stone-paved streets of Gubei Water Town, 110 kilometres (68 miles) northeast of Beijing. Its marketing manager reckoned on getting just a tenth of that number this year.
“People have concerns about the virus and are unwilling to travel long distances,” said Guo Baorong. For a start, there will be no international tourists this time, he said, noting foreigners would normally make up around 15% of visitors.
About 70% of China’s tourist attractions had reopened as of Thursday, according to China’s Ministry of Culture and Tourism, but all sites have had to cap visitors to 30% of designed capacity.
More sites, including the Forbidden City in Beijing, were set to reopen Friday.
Staff at the entrance to Gubei Water Town checked visitors’ temperatures and health tracking codes. And inside, lines on the ground directed tourists to stand one meter apart and stores used ropes to keep crowds from forming. Like everywhere in China since the lockdowns were imposed to stem the epidemic, everyone wore masks.
Still, in places where tourists squeezed together as the streets narrowed, staff shouted at them to spread out.
Some tourists enjoyed the smaller crowds.
Xiao Chen, a 24-year-old student wearing traditional Chinese garb known as “Hanfu” came to Gubei to take pictures around ancient architecture.
“It’s good to come out of the city. There was barely anyone in Gubei Water Town yesterday, and even today, it’s not crowded,” she said.
The tranquility may not last. Room bookings jumped on Thursday after Beijing and nearby areas began easing coronavirus restrictions, with about 90% of accommodation now reserved.
“We were not expecting that many people to come in,” said Guo.
Six animals inoculated with vaccine candidate then exposed to virus did not catch Covid-19 after 28 days
Up to 60 million doses could be produced by Serum Institute of India this year
Microbiologist Elisa Granato gets an injection on Thursday as part of the first human trials in Britain for a potential coronavirus vaccine. Photo: University of Oxford via AP
A leading candidate for a Covid-19 vaccine has shown promising results in animal trials, and is expected to see mass production in India within months.
The Serum Institute of India, the world’s largest maker of vaccines by volume, said on Tuesday that it plans this year to produce up to 60 million doses of a potential vaccine developed by the University of Oxford, which is under clinical trial in Britain.
While the vaccine candidate, called “ChAdOx1 nCoV-19”, is yet to be proven to work against Covid-19, Serum decided to start manufacturing it as it had shown success in animal trials and had progressed to tests on humans, Serum Chief Executive Adar Poonawalla said.
Six rhesus macaque monkeys were inoculated with the vaccine candidate at the National Institutes of Health’s Rocky Mountain Laboratory in Montana last month, according to The New York Times.
Covid-19 vaccine trial starts in Oxford, but remdesivir treatment reportedly flops in China tests
The subjects were exposed afterwards to large quantities of the novel coronavirus, but all six remained healthy after more than 28 days, the newspaper reported, citing researcher Vincent Munster, who conducted the test.
More than 3 million people have been reported to be infected globally and over 210,000 have died from Covid-19, the respiratory disease caused by the coronavirus.
“They are a bunch of very qualified, great scientists [at Oxford] … That’s why we said we will go with this and that’s why we are confident,” Poonawalla told Reuters in a phone interview.
“Being a private limited company, not accountable to public investors or bankers, I can take a little risk and sideline some of the other commercial products and projects that I had planned in my existing facility,” Poonawalla said.
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As many as 100 potential Covid-19 candidate vaccines are now under development by biotech and research teams around the world, and at least five of these are in preliminary testing in people in what are known as phase one clinical trials.
Poonawalla said he hoped trials of the Oxford vaccine, due to finish in about September, would be successful. Oxford scientists said last week the main focus of initial tests was to ascertain not only whether the vaccine worked but that it induced good immune responses and no unacceptable side effects.
Serum, owned by the Indian billionaire Cyrus Poonawalla, plans to make the vaccine at its two manufacturing plants in the western city of Pune, aiming to produce up to 400 million doses next year if all goes well, Poonawalla said.
“A majority of the vaccine, at least initially, would have to go to our countrymen before it goes abroad,” he said, adding that Serum would leave it to the Indian government to decide which countries would get how much of the vaccine and when.
Rhesus macaque monkeys are often used in animal testing because of their similarity to humans. Photo: AFP
Serum envisages a price of 1,000 rupees (US$14.70) per vaccine, but governments would give it to people without charge, he said.
He said Prime Minister Narendra Modi’s office was “very closely” involved in the vaccine production and the company is hoping the government will help foot the cost of making it.
Over roughly the next five months, Serum will spend some 300 million to 400 million rupees (US$4.4 million to US$5.9 million) on making around 3-5 million doses per month, he said. “[The government] are very happy to share some risk and fund something with us, but we haven’t really pencilled anything down yet,” Poonawalla said.
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Serum has also partnered with the US biotech firm Codagenix and Austria’s Themis on two other Covid-19 vaccine candidates and plans to announce a fourth alliance in a couple of weeks, he said.
Serum’s board last week also agreed to invest roughly 6 billion rupees (US$8.8 billion) on making a new manufacturing unit to solely produce coronavirus vaccines, Poonawalla said.
CHINDIA ALERT: You'll be living in their world, very soon 