Kinda funny considering during the first US war on Iraq, they tested a lot of experimental vaccines on the troops :
- https://www.ncbi.nlm.nih.gov/books/NBK222854/
- https://www.theguardian.com/environment/2001/jul/30/internationalnews
So they clearly have no qualms about experimental vaccines, only trusted / established ones.
The state's role is not to "mitigate" or "settle disputes" or "act as referree" between classes, that's only a fiction that liberals believe about their governments. Its to act in the interest of one class against the other.
The PRC is a worker's state, which is why they harshly punish these execs found to be committing financial crimes.