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China to declare virus victory with unveiling of vaccines – Asia Times

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Three Chinese-made vaccines purported to be safe and effective against Covid-19 have made their debut at a local trade fair, the first to be held for domestic and overseas traders in Beijing since the epidemic first erupted in the country in late December. 

Chinese President Xi Jinping will preside over an honor and award ceremony expected to formally unveil the vaccines at the Great Hall of the People on Tuesday (September 8) morning.

The leader is expected to proclaim China’s victory against the virus at the event and commend scientists and researchers who have worked on vaccines, including the nation’s top pulmonologist Zhong Nanshan and People’s Liberation Army (PLA) Major General Chen Wei, who has led the military’s research.

The nation has gone 50 days without any local infections, although there has been a rise in imported cases. 

China National Biotech Group, a subsidiary of the state-owned conglomerate China National Pharmaceutical Group Co, Ltd. (SinoPharm) and the Nasdaq-listed Sinovac Biotech Ltd are showcasing at the China International Fair for Trade in Services in Beijing their respective vaccines, both of which are nearing the end of their final, third-stage clinical trials.

Both are reportedly still pending regulatory approval for mass production. 

Chinese President Xi Jinping inspects the Center for Disease Control and Prevention in Beijing on February 10, 2020. Photo: Liu Bin / Xinhua via AFP / Getty

Xinhua and China News Service quoted the two drugmakers as saying that the three vaccines would be ready to hit the market by year’s end and annual production could be ratcheted up to 600 million doses, enough to inoculate roughly half of China’s population. 

SinoPharm’s Senior Vice-President for Sales Luo Linyun told reporters that one of the two vaccine candidates would be manufactured in Wuhan, the initial ground zero of the disease before it spread worldwide. 

For the final human trials, SinoPharm has recruited 50,000 participants and recovered patients from the United Arab Emirates, Bahrain, Peru, Morocco and Argentina, among other locales, Luo said.

The trial has been purposefully conducted across a wide spectrum of races with possible exposure to different virus strains to ascertain the two vaccines’ safety and efficacy. Luo added that since the coronavirus had been largely “vanquished” in China, most of the trials have been conducted overseas in countries still grappling with Covid-19 outbreaks.     

He also confirmed previous media reports that Beijing has given “emergency jabs” to immigration officers and medical and essential workers since July to protect high-risk personnel. Their experiences have been monitored as part of third-stage human trials. 

SinoPharm’s two vaccines are reputedly effective against strains linked to June’s outbreak in Beijing, which hit a food wholesale market in the city, as well as infections reported in July in Urumqi, the capital of China’s far-west Xinjiang region. 

The two vaccines from SinoPharm made their high-profile debut at a trade fair being held in Beijing. Photos: Handout

Sinovac said that the final human trial for its vaccine is being conducted in Brazil and Indonesia, with an eye towards a year-end launch for the treatment. The Beijing-based drugmaker said the serum of its vaccine could neutralize over 20 strains of the virus, including those detected in the United States, Europe and the Middle East.

The company claims it is not affiliated with any state-led program to develop a vaccine.

The Chinese military is also working to develop a vaccine, with human trials being conducted by a team from the PLA’s Military Sciences Academy. 

CanSinoBio, a Tianjin-based private pharmaceutical firm that has partnered with the PLA in the joint endeavor, has said that some Chinese troops had been vaccinated as early as June. 

Questions are already rising over how Beijing will allocate its vaccines if proven safe and effective. China has already pledged vaccine donations to a dozen or so countries across Southeast Asia and Africa as well as to Hong Kong and Macau. 

Hong Kong’s government confirmed on Sunday that it had already secured vaccine doses from the West and mainland China that would be equivalent to one-third of its 7.5 million population, with shipments and universal injections expected at the earliest by the end of the year. 

So far, Beijing has not made any guarantees about mass vaccination of the local population, despite state media ballyhooing the supposed progress in development, trial and scheduled production of the treatment. 

Read more:

Asia Times Financial is now live. Linking accurate news, insightful analysis and local knowledge with the ATF China Bond 50 Index, the world’s first benchmark cross sector Chinese Bond Indices. Read ATF now. 

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Stop Asking Your Interviewer Cliché Questions

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Most job search advice is cookie-cutter. The advice you’re following is almost certainly the same advice other job seekers follow, making you just another candidate following the same script.

In today’s hyper-competitive job market, standing out is critical, a challenge most job seekers struggle with. Instead of relying on generic questions recommended by self-proclaimed career coaches, which often lead to a forgettable interview, ask unique, thought-provoking questions that’ll spark engaging conversations and leave a lasting impression.

English philosopher Francis Bacon once said, “A prudent question is one half of wisdom.”

The questions you ask convey the following:

  • Your level of interest in the company and the role.
  • Contributing to your employer’s success is essential.
  • You desire a cultural fit.

Here are the top four questions experts recommend candidates ask; hence, they’ve become cliché questions you should avoid asking:

  • “What are the key responsibilities of this position?”

Most likely, the job description answers this question. Therefore, asking this question indicates you didn’t read the job description. If you require clarification, ask, “How many outbound calls will I be required to make daily?” “What will be my monthly revenue target?”

  • “What does a typical day look like?”

Although it’s important to understand day-to-day expectations, this question tends to elicit vague responses and rarely leads to a deeper conversation. Don’t focus on what your day will look like; instead, focus on being clear on the results you need to deliver. Nobody I know has ever been fired for not following a “typical day.” However, I know several people who were fired for failing to meet expectations. Before accepting a job offer, ensure you’re capable of meeting the employer’s expectations.

  • “How would you describe the company culture?”

Asking this question screams, “I read somewhere to ask this question.” There are much better ways to research a company’s culture, such as speaking to current and former employees, reading online reviews and news articles. Furthermore, since your interviewer works for the company, they’re presumably comfortable with the culture. Do you expect your interviewer to give you the brutal truth? “Be careful of Craig; get on his bad side, and he’ll make your life miserable.” “Bob is close to retirement. I give him lots of slack, which the rest of the team needs to pick up.”

Truism: No matter how much due diligence you do, only when you start working for the employer will you experience and, therefore, know their culture firsthand.

  • “What opportunities are there for professional development?”

When asked this question, I immediately think the candidate cares more about gaining than contributing, a showstopper. Managing your career is your responsibility, not your employer’s.

Cliché questions don’t impress hiring managers, nor will they differentiate you from your competition. To transform your interaction with your interviewer from a Q&A session into a dynamic discussion, ask unique, insightful questions.

Here are my four go-to questions—I have many moreto accomplish this:

  • “Describe your management style. How will you manage me?”

This question gives your interviewer the opportunity to talk about themselves, which we all love doing. As well, being in sync with my boss is extremely important to me. The management style of who’ll be my boss is a determining factor in whether or not I’ll accept the job.

  • “What is the one thing I should never do that’ll piss you off and possibly damage our working relationship beyond repair?”

This question also allows me to determine whether I and my to-be boss would be in sync. Sometimes I ask, “What are your pet peeves?”

  • “When I join the team, what would be the most important contribution you’d want to see from me in the first six months?”

Setting myself up for failure is the last thing I want. As I mentioned, focus on the results you need to produce and timelines. How realistic are the expectations? It’s never about the question; it’s about what you want to know. It’s important to know whether you’ll be able to meet or even exceed your new boss’s expectations.

  • “If I wanted to sell you on an idea or suggestion, what do you need to know?”

Years ago, a candidate asked me this question. I was impressed he wasn’t looking just to put in time; he was looking for how he could be a contributing employee. Every time I ask this question, it leads to an in-depth discussion.

Other questions I’ve asked:

 

  • “What keeps you up at night?”
  • “If you were to leave this company, who would follow?”
  • “How do you handle an employee making a mistake?”
  • “If you were to give a Ted Talk, what topic would you talk about?”
  • “What are three highly valued skills at [company] that I should master to advance?”
  • “What are the informal expectations of the role?”
  • “What is one misconception people have about you [or the company]?”

 

Your questions reveal a great deal about your motivations, drive to make a meaningful impact on the business, and a chance to morph the questioning into a conversation. Cliché questions don’t lead to meaningful discussions, whereas unique, thought-provoking questions do and, in turn, make you memorable.

_____________________________________________________________________

 

Nick Kossovan, a well-seasoned veteran of the corporate landscape, offers “unsweetened” job search advice. You can send Nick your questions to artoffindingwork@gmail.com.

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Canadian Natural Resources reports $2.27-billion third-quarter profit

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CALGARY – Canadian Natural Resources Ltd. reported a third-quarter profit of $2.27 billion, down from $2.34 billion in the same quarter last year.

The company says the profit amounted to $1.06 per diluted share for the quarter that ended Sept. 30 compared with $1.06 per diluted share a year earlier.

Product sales totalled $10.40 billion, down from $11.76 billion in the same quarter last year.

Daily production for the quarter averaged 1,363,086 barrels of oil equivalent per day, down from 1,393,614 a year ago.

On an adjusted basis, Canadian Natural says it earned 97 cents per diluted share for the quarter, down from an adjusted profit of $1.30 per diluted share in the same quarter last year.

The average analyst estimate had been for a profit of 90 cents per share, according to LSEG Data & Analytics.

This report by The Canadian Press was first published Oct. 31, 2024.

Companies in this story: (TSX:CNQ)

The Canadian Press. All rights reserved.

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Cenovus Energy reports $820M Q3 profit, down from $1.86B a year ago

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CALGARY – Cenovus Energy Inc. reported its third-quarter profit fell compared with a year as its revenue edged lower.

The company says it earned $820 million or 42 cents per diluted share for the quarter ended Sept. 30, down from $1.86 billion or 97 cents per diluted share a year earlier.

Revenue for the quarter totalled $14.25 billion, down from $14.58 billion in the same quarter last year.

Total upstream production in the quarter amounted to 771,300 barrels of oil equivalent per day, down from 797,000 a year earlier.

Total downstream throughput was 642,900 barrels per day compared with 664,300 in the same quarter last year.

On an adjusted basis, Cenovus says its funds flow amounted to $1.05 per diluted share in its latest quarter, down from adjusted funds flow of $1.81 per diluted share a year earlier.

This report by The Canadian Press was first published Oct. 31, 2024.

Companies in this story: (TSX:CVE)

The Canadian Press. All rights reserved.

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