Categories: Bribery in Business

China’s Vaccine Giant Collapses: 800 Million Left in the Dark, Face Mystery Side Effects



Recently, there have been widespread online claims that China’s vaccine giant—Beijing Sinovac Biotechnology Co., Ltd.—is on the brink of collapse. In early 2024, the company announced it would completely stop producing its COVID-19 vaccine. Soon after, rumors spread that it was delaying year-end bonuses for its employees. Then, in April last year, one of its key researchers, Cao Xiaobin, died suddenly, and the chairman, Yin Weidong, got tangled up in a bribery scandal. Yet the most eye-catching claims came from countless netizens accusing the Sinovac vaccine of causing various side effects and demanding compensation. This has thrown the company into the center of a fierce public storm.
Join this channel to get access to perks:
https://www.youtube.com/channel/UCT2kPBcD6tXn8TP_aV7BmgA/join

#chinaobserver
All rights reserved.
⭐You can support us at: https://donorbox.org/china-observer-supporting-independent-news
⭐For business cooperation, please contact us: business@chinaobserver.co

source

Corruption Buzz

Share
Published by
Corruption Buzz

Recent Posts

Amid Sweatshop Scandals, Luxury Hits Back: ‘We’re Not the Financial Police’ – The Business of Fashion

Amid Sweatshop Scandals, Luxury Hits Back: ‘We’re Not the Financial Police’  The Business of Fashion Source…

7 minutes ago

Former Sen. Bob Menendez’s wife sentenced to 4½ years in prison for role in bribery scheme – PBS

Former Sen. Bob Menendez’s wife sentenced to 4½ years in prison for role in bribery…

10 minutes ago

The NFL may have sent fake fan letters to the FCC in 2014 to keep a sports blackout rule – The Verge

The NFL may have sent fake fan letters to the FCC in 2014 to keep…

28 minutes ago

Wells Fargo exec ordered to pay $10M in fraud scandal instead will pay nothing – Charlotte Observer

Wells Fargo exec ordered to pay $10M in fraud scandal instead will pay nothing  Charlotte Observer…

56 minutes ago

Pensions, prisons and public corruption are part of veteran reporter's beat – The Columbus Dispatch

Pensions, prisons and public corruption are part of veteran reporter's beat  The Columbus Dispatch Source link

1 hour ago

Study: Users of Pirated Subscription Services Face High Levels of Fraud – TVTechnology

Study: Users of Pirated Subscription Services Face High Levels of Fraud  TVTechnology Source link

1 hour ago