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Malaysia is phasing out Sinovac

Summary:
Malaysia’s Ministry of Health said yesterday that the country will stop administering the COVID-19 vaccine produced by China’s Sinovac Biotech once its current supplies run out, amid mounting evidence that the vaccines have limited efficacy against the Delta variant that is currently ravaging Southeast Asia. They will switch mainly to Pfizer.  Thailand also will not be relying on Sinovac, and Turkey and UAE are moving in similar directions.  Here is the article, via Rich D. I have a simple question, namely how to solve for the Chinese equilibrium.  Are they too supposed to switch away from Chinese vaccines to the Western vaccines?  Could the government stand that loss of face? Seriously people, how is this one supposed to develop?  Inquiring minds wish to know. The post Malaysia is

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Malaysia’s Ministry of Health said yesterday that the country will stop administering the COVID-19 vaccine produced by China’s Sinovac Biotech once its current supplies run out, amid mounting evidence that the vaccines have limited efficacy against the Delta variant that is currently ravaging Southeast Asia.

They will switch mainly to Pfizer.  Thailand also will not be relying on Sinovac, and Turkey and UAE are moving in similar directions.  Here is the article, via Rich D.

I have a simple question, namely how to solve for the Chinese equilibrium.  Are they too supposed to switch away from Chinese vaccines to the Western vaccines?  Could the government stand that loss of face?

Seriously people, how is this one supposed to develop?  Inquiring minds wish to know.

The post Malaysia is phasing out Sinovac appeared first on Marginal REVOLUTION.

Tyler Cowen
Tyler Cowen is an American economist, academic, and writer. He occupies the Holbert C. Harris Chair of economics as a professor at George Mason University and is co-author, with Alex Tabarrok, of the popular economics blog Marginal Revolution. Cowen and Tabarrok have also ventured into online education by starting Marginal Revolution University. He currently writes the "Economic Scene" column for the New York Times, and he also writes for such publications as The New Republic, the Wall Street Journal, Forbes, Newsweek, and the Wilson Quarterly.

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