China Offers Loans To Latin American And Caribbean Countries To A Covid-19 Vaccine

A researcher shows the experiment to develop an mRNA vaccine targeting the novel coronavirus in east China's Shanghai, Jan. 29, 2020. (Xinhua/Ding Ting)

CNN: China offers $1 billion loan to Latin America and the Caribbean for access to its Covid-19 vaccine

Mexico City (CNN)Chinese Foreign Minister Wang Yi announced a $1 billion loan to Latin America and the Caribbean for Covid-19 vaccine access during a virtual gathering with his Latin American counterparts on Wednesday, according to a statement released by the Mexican Foreign Affairs Ministry.

"China's Foreign Minister said that the vaccine developed in his country will be a public benefit of universal access, and that his country will designate a loan of $1 billion to support access [to the vaccine] for the nations of the region," the statement said.

During a daily briefing on Thursday, Mexican President Andrés Manuel López Obrador thanked China after the loan announcement.

"We're very grateful to China, with the Chinese government, the President -- you remember I had the chance to speak to him on the phone -- we asked him for support with medical equipment, there have been many aid flights coming from China."

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WNU Editor: Bottom line. No freebies from China.

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