It is no secret that the race for the Coronavirus vaccine goes way beyond the medical field. As my parents like to say, we are living through World War III, and whoever gets the most effective vaccine first will win this "war." It is not only a matter of money, but a matter of allies and countries one vaccine can reach faster.
Resembling what China has managed to do by offering billions of dollar loans, and fast access to a promised vaccine in order to get their friends closer and "repair damaged ties" as this New York Times article explains it. Repairing these ties and bringing more countries closer to the Chinese would skyrocket its economical and political power worldwide.
China being the first one to develop a vaccine would have a massive impact on global politics, because since the past World Wars it has been proven that the most powerful country is the one with more allies, more tight-knit connections that can serve not only relationship-wise but help countries grow massively economic-wise. There would also be a lot of denial or rejection towards the vaccine by countries who do not consider themselves China's allies and would rather keep risking millions of people's lives instead of enriching the "enemy."
Image taken from: https://unsplash.com/s/photos/chinese-labs
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