The China president and global executive vice president of pharmaceutical behemoth AstraZeneca reportedly vowed that the company would be patriotic in China and “love” the country’s governing communist party.
In 2020, the company received $1.2 billion from American taxpayers for the development of its COVID-19 vaccine, which generated $4 billion in sales in 2021.
“Build a local, transnational company that loves the Communist Party and loves the country,” Wang reportedly said.
Weng Lei made the remarks during a Friday presentation to several hundred people at an event commemorating AstraZeneca’s thirty years of business in China.
AstraZeneca, the largest drug manufacturer in China, generated 13% of its revenues in China in 2022 and recently invested $450 million in an inhaler facility in China.
AstraZeneca declined to elucidate whether senior management had authorized Lei’s quotes and refused to comment on the implications of his remarks for the company’s plans in the country.
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