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China says WHO gave blessing for coronavirus vaccine emergency use programme

The World Health Organization gave China its support and understanding to start administering experimental coronavirus vaccines to people while clinical trials were still underway, a Chinese health official said on Friday.

China launched its emergency programme in July, having communicated with the WHO in late June, according to Zheng Zhongwei, a National Health Commission official.

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China's ByteDance seeks $60 billion TikTok valuation in U.S. deal: Bloomberg News

China's ByteDance Ltd is seeking a valuation of $60 billion for TikTok as Oracle Corp ORCL.N and Walmart Inc WMT.N take stakes in the short-video app's business to address U.S. security concerns, Bloomberg News reported on Sunday, citing an unnamed person familiar with the matter.

Oracle will take a 12.5% stake in TikTok Global and store all its U.S. user data in its cloud to comply with U.S. national security requirements, the companies said on Saturday. Retail giant Walmart said it would take a 7.5% stake.

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