Hong Kong — The billionaire founder of Fosun Group expects to soon win approvals for testing a vaccine against the new coronavirus in his home country of China, a day after President Xi Jinping promised to make any protective vaccine universally available.

“Developing a vaccine is no longer just a matter of fighting the virus,” Guo Guangchang said in a phone interview on Tuesday. “The sooner there’s a vaccine, the more confident people will be and the faster the economy will recover.”..

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