For those afraid of needles, the coronavirus pandemic has been a difficult time, with two initial shots and then follow-up boosters. But the Chinese city of Shanghai has solved that issue with a new inhalable Covid-19 vaccine.
The vaccine, delivered in a mist, is currently being offered free of charge as a booster dose for previously vaccinated people, according to an announcement on an official city social media account.
A video posted by an online Chinese state media outlet showed people at a community health centre placing a translucent white cup on to their mouths. The accompanying text said that, after slowly inhaling, people hold their breath for five seconds, with the entire procedure completed in 20 seconds.
“It was like drinking a cup of milk tea,” one Shanghai resident said in the video. “When I breathed it in, it tasted a bit sweet.”
But it is not only the squeamish who will benefit from the new delivery method: scientists hope that such “needle-free” vaccines will make vaccination more accessible in countries with fragile health systems because they are easier to administer.
China wants more people to get booster shots before it relaxes strict pandemic restrictions that are holding back the economy and are increasingly out of synch with the rest of the world. As of mid-October, 90 per cent of Chinese were fully vaccinated and 57 per cent had received a booster shot.
The effectiveness of non-needle vaccines has not been fully explored. Chinese regulators approved the new inhalable in September, but only as a booster shot after studies suggested it triggered an immune response in people who had previously received two shots of a different vaccine.
A vaccine taken orally could fend off the virus before it reaches the rest of the respiratory system, though that would depend in part on the size of the droplets, one expert said.
Larger droplets would train defences in parts of the mouth and throat, while smaller ones would travel further into the body, Indian immunologist Dr Vineeta Bal told The Associated Press.
The inhalable vaccine was developed by Chinese biopharmaceutical company CanSino Biologics as an aerosol version of the company’s one-shot adenovirus vaccine, which uses a relatively harmless cold virus.
The traditional one-shot vaccine has been approved for use in more than 10 markets including China, Hungary, Pakistan, Malaysia, Argentina and Mexico. The inhaled version has received a go-ahead for clinical trials in Malaysia, a Malaysian media report said last month.
Regulators in India have approved a nasal vaccine, another needle-free approach, but it has yet to be rolled out. The vaccine, developed in the US and licensed to Indian vaccine maker Bharat Biotech, is squirted in the nose.
About a dozen nasal vaccines are being tested globally, the World Health Organisation said.
Ten tax points to be aware of in 2026
1. Domestic VAT refund amendments: request your refund within five years
If a business does not apply for the refund on time, they lose their credit.
2. E-invoicing in the UAE
Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption.
3. More tax audits
Tax authorities are increasingly using data already available across multiple filings to identify audit risks.
4. More beneficial VAT and excise tax penalty regime
Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.
5. Greater emphasis on statutory audit
There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.
6. Further transfer pricing enforcement
Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes.
7. Limited time periods for audits
Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion.
8. Pillar 2 implementation
Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.
9. Reduced compliance obligations for imported goods and services
Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations.
10. Substance and CbC reporting focus
Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity.
Contributed by Thomas Vanhee and Hend Rashwan, Aurifer
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Rooster:honest, confident, pompous
Dog:loyal, kind, perfectionist
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