Sinovac to Supply Vaccines to China Earthquake Victims [View article]
Segue Ventures wrote in their blog a really good article that Seeking Alpha should have posted entitled, "A Paradigm Shift in China’s Crisis Relief Efforts; the Convergence of Communism and a Market Economy"
PART I
Ever since shifting towards a market base economy, political and financial experts have often pondered how this apparently paradoxical relationship would co-exist. In front of the whole world the scenario is playing out as public companies like Linkwell Corporation (OTCBB: LWLL) and Sinovac Biotech (Amex: SVA) are being integrated into the old communist emergency response system to form a whole new paradigm; more effective, efficient and fungible.
China was widely criticized for its handling of the 2002-2003 SARS epidemic. The government was accused of attempting to hide the crises and for being slow to react; and the PRC has since officially apologized. Since then, Chinese officials have claimed to have made numerous changes in its reporting and response policies, however many outsiders remained dubious.
Today, many political wonks and disaster relief professionals are speaking well of China’s response to the May 12th earthquake in Sichuan Province, which is significantly different than anytime in modern history. According to the People’s Daily China (English Edition), “The Wall Street Journal Asia Edition (U.S.), the Globe and Mail (Canada), the Guardian (U.K.), among other foreign news agencies, have recently published articles on China's earthquake relief. They have all lauded the earthquake relief efforts made by the Chinese government.”
The most often cited changes leading to this dramatic improvement include improved openness and the integration of non-government organizations (NGOs). The response has been overwhelming. Private individuals have volunteered time, skills and millions of dollars to the earthquake relief efforts. But one key development has escaped the attention of the media; the contributions of non-government enterprises, such as Linkwell Corporation and Sinovac Biotech.
Linkwell Corporation (Linkwell) (OTC Bulletin Board: LWLL - News), a leading developer, manufacturer and distributor of healthcare related disinfectants in China, announced that it was running 24/7 operations in support of China’s earthquake relief efforts. Sinovac Biotech Ltd., a leading provider of vaccines in China, also announced that it is providing immediate support to China's Ministry of Health to support disease control efforts. The Chinese government, non-government organizations (NGOs) and even individuals have mobilized on an unprecedented scale in response to the earthquake in the southwestern Sichuan Province.
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Segue Ventures wrote in their blog a really good article that Seeking Alpha should have posted entitled, "A Paradigm Shift in China’s Crisis Relief Efforts; the Convergence of Communism and a Market Economy"
May 30 10:19 am
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All Comments by Craig Bird »Sinovac to Supply Vaccines to China Earthquake Victims [View article]
PART I
Ever since shifting towards a market base economy, political and financial experts have often pondered how this apparently paradoxical relationship would co-exist. In front of the whole world the scenario is playing out as public companies like Linkwell Corporation (OTCBB: LWLL) and Sinovac Biotech (Amex: SVA) are being integrated into the old communist emergency response system to form a whole new paradigm; more effective, efficient and fungible.
China was widely criticized for its handling of the 2002-2003 SARS epidemic. The government was accused of attempting to hide the crises and for being slow to react; and the PRC has since officially apologized. Since then, Chinese officials have claimed to have made numerous changes in its reporting and response policies, however many outsiders remained dubious.
Today, many political wonks and disaster relief professionals are speaking well of China’s response to the May 12th earthquake in Sichuan Province, which is significantly different than anytime in modern history. According to the People’s Daily China (English Edition), “The Wall Street Journal Asia Edition (U.S.), the Globe and Mail (Canada), the Guardian (U.K.), among other foreign news agencies, have recently published articles on China's earthquake relief. They have all lauded the earthquake relief efforts made by the Chinese government.”
The most often cited changes leading to this dramatic improvement include improved openness and the integration of non-government organizations (NGOs). The response has been overwhelming. Private individuals have volunteered time, skills and millions of dollars to the earthquake relief efforts. But one key development has escaped the attention of the media; the contributions of non-government enterprises, such as Linkwell Corporation and Sinovac Biotech.
Linkwell Corporation (Linkwell) (OTC Bulletin Board: LWLL - News), a leading developer, manufacturer and distributor of healthcare related disinfectants in China, announced that it was running 24/7 operations in support of China’s earthquake relief efforts. Sinovac Biotech Ltd., a leading provider of vaccines in China, also announced that it is providing immediate support to China's Ministry of Health to support disease control efforts. The Chinese government, non-government organizations (NGOs) and even individuals have mobilized on an unprecedented scale in response to the earthquake in the southwestern Sichuan Province.