Analysts said: China and Russia are using their vaccines to gain influence


Last year, similar dynamics to the current vaccine distribution were observed for corona virus protective equipment, when China and Russia used to increase the international influence of exporting masks, disinfectants, protective equipment and respirators to emerging countries. They have mainly targeted countries where U.S. influence has diminished in recent years.

Analysts who told CNBC said the countries that now receive vaccines from China and Russia will belong for years to the two eastern states whose governments are consciously building on this idea. They added that countries that are not traditionally allies of Moscow and Beijing could also improve relations with eastern countries due to vaccine shortages.

Analysts also talked about the only risk for the two countries being that they promise too much and can’t deliver on those promises. Currently, Russia and China have not even been able to vaccinate their own populations, but they promise millions of shipments to foreign countries. According to the Economist, the world’s population could realistically become fully protected in 2023-2024, for which emerging countries will not get the vaccine.

The WHO has also previously criticized developed countries for buying all vaccines from the market and therefore not getting them to emerging countries. The organization has therefore launched its own vaccination program, but it is not yet clear how they will get the right amount of vaccinations to make it effective.

Cover image: Getty Images


Source: Portfolio.hu – Gazdaság by www.portfolio.hu.

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