Nearly 3.8 million people in China have already been vaccinated to prevent the potentially fatal H1N1 influenza virus.

Comparing with the 390 million people within the country who are considered at high risk of the disease, the vaccine supply is limited, Liang Wannian, deputy director of the emergency response office of the Ministry of Health, said on Nov 1.

So far, almost 52.9 million doses of the vaccine, which produced by eight domestic manufacturers, have been approved by the top drug authority. According to the ministry’s plans, 65 million people will be inoculated by the end of the year.

Now total cases and fatalities are both increasing sharply, it considered as the pandemic peaked in the Read more…

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China, economy, flu, H1N1, risk, vaccine, virus

Yang Chao, Chairman of China Life Insurance Co Ltd, said yesterday that the company plans to have a try at the property market to diversify its investment lay out. He said China Life would seek to invest in infrastructure, equity, fixed-income securities and the property market.

According to Yang, China Insurance Regulatory Commission is expected to permit insurers to invest in infrastructure and real estate soon and is drawing up guidelines concerning it. China Life is waiting for the inaction of these regulations and making preparations for their Read more…

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China, economy, industry, insurer, investment, market, risk

Rather than learning lessons from the failure of the US President Barack Obama’s announcement, aiming to end the America’s “Gilded Age”, of compensation caps on financial companies, some Chinese State-owned financial companies still go on with their risk of stirring the public with their thumping executive packages.

Guotai Jun’an Securities Co, one of the largest brokerages in China, is the very firm that the public attack most, as it’s reported that, for Read more…

Popularity: 2% [?]

China, company, compensation, economy, expense, failure, risk