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Economy => Economics => Topic started by: Juggy777 on April 14, 2020, 04:40:41 AM



Title: China’s second corona wave can it crush it’s economy?
Post by: Juggy777 on April 14, 2020, 04:40:41 AM
Just when we thought that China had banished corona from it’s land suddenly new cases began to pop up at record pace, and now the health experts believe that it could be a second potential wave of Coronavirus in China. At this stage China will once again be forced to go into lockdown, and do you’ll think that it’s economy will be able to recover quickly from this second lockdown too?.

Source:

https://www.dailystar.co.uk/news/latest-news/china-coronavirus-cases-hit-highest-21857013



Title: Re: China’s second corona wave can it crush it’s economy?
Post by: avikz on April 14, 2020, 05:18:56 AM
No! 2nd wave of Corona virus doesn't have the power to crush Chinese economy. It's a land of 1.48 billion people and internal market size of China is the largest in the world. Yes, probably their export business will take some hit the way rest of the world is facing it, but due to their internal market size, these losses will be taken care internally. A very minor portion of their economy will be suffered which are directly linked to international companies. Rest all are fine in China! They are ruled under dictatorship and not democracy!

From whatever news I am seeing, it seems like, out of 109 people who were tasted positive in China, 49 people recently came back from Russia. Since Russia is also ruled under a dictator, you will never know the actual information or actual numbers!


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: Ozero on April 14, 2020, 05:26:23 AM
The second wave of coronavirus spread in China should not be too destructive for its economy. Some experience has already been gained in combating this virus, people already know what to do in this situation. Therefore, I do not think that the second wave will be too long. This country showed good cohesion in the fight against coronavirus, in contrast to the USA and Europe, where people were too light on this problem. This allowed such a densely populated country to cope with the first wave relatively quickly.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: Ucy on April 14, 2020, 08:25:39 AM
No! 2nd wave of Corona virus doesn't have the power to crush Chinese economy. It's a land of 1.48 billion people and internal market size of China is the largest in the world. Yes, probably their export business will take some hit the way rest of the world is facing it, but due to their internal market size, these losses will be taken care internally. A very minor portion of their economy will be suffered which are directly linked to international companies. Rest all are fine in China! They are ruled under dictatorship and not democracy!

From whatever news I am seeing, it seems like, out of 109 people who were tasted positive in China, 49 people recently came back from Russia. Since Russia is also ruled under a dictator, you will never know the actual information or actual numbers!


Will be interesting to find out if China is "really" a dictatorship, and if people were stopped from going to work "safely" during the so called lockdown.
Does the President of China really have powers like typical dictators do? Do Chinese people have their say(not necessarily through voting) and the government respect/consider the opinion? *not talking about insulting the leaders or something like that*... I mean are good or worthwhile opinions from the people considered by the government? What will happen to the government/leaders(/rulers?) if they fail to consider good opinions from the people? Nothing?


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: plvbob0070 on April 14, 2020, 08:37:37 AM
Actually, I don't know where to believe about the origin of this virus. Others say that China planned everything, others say it comes from Wuhan Lab, not Wuhan Market. If we are going to believe that they planned this, then we can conclude that it won't affect their economy that badly. But if they don't, it just starting spreading, then it will affect their economy. Other countries and their economies are now being affected by the lockdown. The market is going down. Then, of course, that would also happen to China if the cases continue to increase. However, I don't think that it will crash their economy down since they're still one of the richest countries and they can handle the situation. They can easily recover. What I'm worried about are those poor countries. Their economy is more likely to be greatly affected by this virus.

Let's just pray that a vaccine can be developed sooner, so we can already stop this virus.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: Darker45 on April 14, 2020, 08:57:02 AM
I am not even sure if this second wave is as large as the first. Probably not and therefore not enough reason for a second lockdown. Most of the cases in China in these past days are imported. There have been a few from local transmissions but not that many to warrant another round of the dreaded lockdown. The economy must already be on its road to recovery.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: LeGaulois on April 14, 2020, 09:12:54 AM
If it was something they had planned, it is quite likely that they did not manage to control as they had planned. Oops, wrong dosage.
China's economy is resilient and most workers have already returned to their jobs actually,
The crisis is not going to affect their economic ambitions they're just going to put more effort. They invested almost 50 billion yen in the economy, focusing on technology industries such as 5g and the cloud.

China could become the world's leading power once the crisis is over.

Now if we imagine a second wave I don't think it could crush its economy, it will be paused until it's over and the government can again decrease the fractional reserve allowing the banks to invest more billions to help the economy.
And if a second wave happens to be sure other countries will be affected as well and the drama could become the hell

I think this country is one of the least problematic in the economy terms

I am not even sure if this second wave is as large as the first. Probably not and therefore not enough reason for a second lockdown.

That's also what most politicians were saying until it hits their own country. How many deaths are needed before actions are taken?


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: xSkylarx on April 14, 2020, 10:08:24 AM
They already have fought the first wave of Corona so I guess they already have experience on how to handle it if there is something that is coming. There are issues that Corona was created by China as a bio-weapon, who knows if ever this is another agenda to crash other countries' economies to their benefit. A lot of lives were taken due to this pandemic and I hope this will be over soon.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: thesmallgod on April 14, 2020, 10:25:08 AM
Honestly this virus has gotten really out of hands. Just when we think everything will end soon, we start hearing cases of second wave. In the other news today, it has been reveal that people that were confirmed that have overcome the virus and tested negative before are now testing positive again. If all these are real, I believe the world will be in a really deep shit after the whole stuff


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: Raflesia on April 14, 2020, 11:32:21 AM
Corona virus in the second wave (if that's true) then I think China is able to overcome it because by the time the first Chinese corona virus was gone it was trying to recover and they had opened their city as before, but for some reason now there must be a second wave but I think in the Chinese economic industry I am sure their recovery will continue as expected.
At this stage China will continue to try not to happen again in the second wave because I am sure it will worry the world again, while other countries now continue to fight the corona virus.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: davis196 on April 14, 2020, 11:48:39 AM
This is bad.The Chinese authorities were so overconfident that they had defeated the virus and now their propaganda got busted.Last week,there were news,about Chinese people that were returning from European countries and USA brought the virus back in China.
I guess China has more experience with fighting the virus and it will impose totalitarian measures,like mass lockdowns again,so there's no need to worry.The battle against this god damn plaque will continue longer than expected.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: BlackFor3st on April 14, 2020, 11:58:18 AM
Just when we thought that China had banished corona from it’s land suddenly new cases began to pop up at record pace, and now the health experts believe that it could be a second potential wave of Coronavirus in China. At this stage China will once again be forced to go into lockdown, and do you’ll think that it’s economy will be able to recover quickly from this second lockdown too?.

Source:

https://www.dailystar.co.uk/news/latest-news/china-coronavirus-cases-hit-highest-21857013


China is a country who have almost everything to counter any outbreak and as you can see even if they are the first country to be hit by the virus, they are still intact and was able to control the spread by imposing a lockdown to Wuhan. These only means that their government is wise enough to fight the virus while making their economy balance.

So I cannot agree with you with it, as I am confident that China is strong enough to fight the 2nd wave of virus while protecting their economy. They must be preparing for a counter measure in order to easily recover in case their economy will be affected that much.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: Betwrong on April 14, 2020, 12:45:07 PM
First off, there will be no "second wave" in China, and that's why we can read about such possibility only in tabloids like Daily Star, infamous for their clickbait titles. Check out how does this "highest spike"(Apr 11 - Apr 12) actually look if we turn to reliable sources of information:


But even if there was a second wave, China is much more prepared currently than before, and can deal with it more effectively, causing little, if any, harm to the economy.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: fabiorem on April 14, 2020, 12:59:08 PM
No, but it will crush bitcoin's price, since bitcoin is one of the weakest assets in the global fiat casino.

Blame everything in COVID-19, so that you can feel better. No need to risk your health thinking about the entanglements that brought bitcoin to a permanent bear market.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: FanatMonet on April 14, 2020, 01:46:13 PM
I don’t think it’s possible, China has already created the infrastructure for combating coronavirus during the outbreak, and can very easily prevent the second wave, or very minimize it, to reduce damage to the population and the economy, and other industries.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: Febo on April 14, 2020, 02:36:24 PM
Just when we thought that China had banished corona from it’s land suddenly new cases began to pop up at record pace, and now the health experts believe that it could be a second potential wave of Coronavirus in China. At this stage China will once again be forced to go into lockdown, and do you’ll think that it’s economy will be able to recover quickly from this second lockdown too?.

Source:

https://www.dailystar.co.uk/news/latest-news/china-coronavirus-cases-hit-highest-21857013

There will be no relaxation in any country before vaccine will get made. Difference is that for second wave China and other countries will be way more ready. There will not be lack of anything. We have pandemic some time now. We will simply have to learn to live with the virus until vaccine.  Yes the economy will suffer a lot.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: turkandjaydee on April 14, 2020, 03:17:56 PM
What I'm worried about are those poor countries. Their economy is more likely to be greatly affected by this virus.

Totally agree with you. China's economy will not be really in a terrible situation but 3rd/developing countries will.
Even my country as a 3rd country almost 100% will not do a lockdown for fear of economic problems that will arise if it is done later.

But I'm wondering since many people said that the spread of this virus began in China, can't the Chinese government be blamed for this? Shouldn't they also be responsible for the spread that is happening in other countries?


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: stompix on April 14, 2020, 03:33:06 PM
The crisis is not going to affect their economic ambitions they're just going to put more effort. They invested almost 50 billion yen in the economy, focusing on technology industries such as 5g and the cloud.

I have a feeling they haven't invested a single yen  ;D, maybe a few yuans..
But 50 billion yuan is also peanut money, it's just 7 billion $ something Montenegro might be excited about not China...

Does the President of China really have powers like typical dictators do? Do Chinese people have their say(not necessarily through voting) and the government respect/consider the opinion? *not talking about insulting the leaders or something like that*... I mean are good or worthwhile opinions from the people considered by the government? What will happen to the government/leaders(/rulers?) if they fail to consider good opinions from the people? Nothing?

Voting in China?  ;D Yeah, that's totally a thing, just like pluralism religious views in Medieval Europe the 14th century or slave rights in Africa at the same time.

Do you realize you're talking about the same government that silenced the guy who discovered the virus and then openly lied to the WHO that the virus transmitting through human to human contact? Is the country where the chief of the Interpol went missing for god's sake!!!
You're asking what happens if the rules fail to consider the opinion of the people? I'll tell you what happens, those people won't be having an opinion their entire life!


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: ajaymukund on April 14, 2020, 03:40:56 PM
Just when we thought that China had banished corona from it’s land suddenly new cases began to pop up at record pace, and now the health experts believe that it could be a second potential wave of Coronavirus in China. At this stage China will once again be forced to go into lockdown, and do you’ll think that it’s economy will be able to recover quickly from this second lockdown too?.

Source:

https://www.dailystar.co.uk/news/latest-news/china-coronavirus-cases-hit-highest-21857013


I also had read about this news and realized that the Corona virus was actually more dangerous at first. This is a highly variable form of the virus and it is very difficult for us to predict whether our body will be infected. China seems to be quite subjective about its control. I think they should do another social isolation again with a length of 30 days. It will be a good time to protect the health of the people. The economy will certainly be affected, but it will not cause severe consequences.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: The Sceptical Chymist on April 14, 2020, 03:44:25 PM
I don't know how serious this "second wave" is going to be, but as far as China goes, they're a huge country with a very strong economy.  So even if the outbreak gets worse there, it might sting a little bit but it's not going to kill them.

Viral outbreaks don't last forever as far as I know, and while things might look pretty bleak at present, this isn't going to last forever and life will get back to some sort of normalcy--eventually.  I also don't think China would have a problem getting some help from other countries if things get really bad.  Or they could sell all those US bonds they hold.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: moonblocks on April 14, 2020, 04:02:52 PM
Just when we thought that China had banished corona from it’s land suddenly new cases began to pop up at record pace, and now the health experts believe that it could be a second potential wave of Coronavirus in China. At this stage China will once again be forced to go into lockdown, and do you’ll think that it’s economy will be able to recover quickly from this second lockdown too?.

Source:

https://www.dailystar.co.uk/news/latest-news/china-coronavirus-cases-hit-highest-21857013


This is not good news but they're prepared better now so it shouldn't cause too much of an after shock in equity markets globally, but on another note the U.S. has a lot on its plate at the moment so there could be some volatility ahead for the stock markets which shouldn't impact BTC too much as it's pretty much been sold off to its lower-grade value already but watch whale alert and market sentiment indicators because another dip to the $3,000-$4,000 range is still possible before normalizing back toward the $5,000-$10,000 optimal range (halving price included)


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: Ucy on April 14, 2020, 04:55:19 PM
It's only me that think China is not over with the "first wave" yet?

How entire world is suffering and spreading all over the countries and cities and China didn't have catastrofic numbers in their whole country?
They are to good to deal in this situations or they are lying?

Well, it depends on how transparent things are over there. Non transparent & dictatorial rulers can easily hide the truth. Which is one of the reasons dictatorship is a bad idea... (whether the country is a dictatorship or not I don't know.)
People should be able to closely monitor their leaders and prevent them from derailing or breaking the law.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: Chrystora123 on April 14, 2020, 05:40:40 PM
I saw this news on my television too, that China had another COVID-19 infected patient, an infected area on the border with Russia.. in that news, there is one thing I don't like from statements from Chinese sources that say "we got a virus from outside"  :D

IMO.. the Chinese economy will be fine because they already have good experience in handling COVID-19 outbreaks..


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: RealMalatesta on April 14, 2020, 05:45:12 PM
What scares me is not just China having a second wave, that was basically expected because you can't just get rid of a whole virus, plus we didn't really know if china was over it or not, maybe they lied. What scares me is a second wave in other nations, we are basically still peaking right now in many places and only getting started, if these go down for a while but then go up again in other nations as well, that means we are going to see a year of this and not just few more months.

Think about it USA is peaking still today, it will take at least 2 more months before we can start to see it going down decently and after few more months if starts back up and reach to these levels again for 3-4 more months, then it will take another 2-3 months to recover from that which comes down to 2021 and that is a long time to stay at home.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: abhiseshakana on April 14, 2020, 05:50:14 PM
Just when we thought that China had banished corona from it’s land suddenly new cases began to pop up at record pace, and now the health experts believe that it could be a second potential wave of Coronavirus in China. At this stage China will once again be forced to go into lockdown, and do you’ll think that it’s economy will be able to recover quickly from this second lockdown too?.

Source:

https://www.dailystar.co.uk/news/latest-news/china-coronavirus-cases-hit-highest-21857013



In dealing with Corona, standing applause is given to Taiwan which incidentally is very close to China but the number of sufferers is small with a low mortality rate, Taiwan successfully fends off corona with a shield available before the corona comes invading Taiwan.

China with its Wuhan lockdown is ranked second considering that although the plague swept Wuhan but China has managed to cope with its spread. Even China is actively providing assistance to other countries such as Italy, America, and several other countries.

Lockdown in China is very different from the lockdown applied by Italy. There are no public vehicles passing by and everyone is forced to stay at home. The Chinese government also made a health application "Healthy is a Treasure". By downloading everyone is connected to the national health center. To monitor and classify public health status, yellow or red-green. But this application has a binding legal force between the state and its people. So the lockdown system in China is very modern.

Since the end of March automotive factories in Wuhan have begun operating even though the lockdown has not been opened. The auto parts factory in Wuhan is the center of automotive supply throughout the world. So that the term Automotive industry connection is known as Covid-19 connection.

This proves that China is confident enough with the lockdown system and health control system through the application of "healthy is a treasure".


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: Vishnu.Reang on April 14, 2020, 05:53:14 PM
There is a lot of propaganda going on against China in various social media channels right now, and this "second wave" is just another one of those propaganda products. China has been free of community spread for more than a month now, and the new cases are being reported almost exclusively among those who arrive in China from foreign nations.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: bitgolden on April 14, 2020, 06:16:16 PM
I read most of people who got recovered from covid19, again get suffered somehow, not sure why that kind of news sparks more frequently. I guess from household things, virus infection may spread out but they might have taken 14 days break inbetween touching their household things still not sure how the news about second wave hits media more frequently.

Let's consider if China in place to face another wave of covid19 then I guess they may control it more effectively than the first time. Yes, knowledge and experience may play big role here. They have sufficient experience from the first wave outbreak and just repeating with covering what were missed out previously will result in controlling in more efficient manner.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: Findingnemo on April 14, 2020, 06:58:30 PM
The number of cases is really very less compared to other countries so I don't think they will go for lockdown again, particularly this is their time to do lot of business and already they are taking orders for PPE from a lot of countries.If the cases starts to rise as hell then they will be surely pushed to get locked down or put some restrictions for some companies.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: SaShiRaJaVu on April 14, 2020, 08:23:44 PM
Just when we thought that China had banished corona from it’s land suddenly new cases began to pop up at record pace, and now the health experts believe that it could be a second potential wave of Coronavirus in China. At this stage China will once again be forced to go into lockdown
Looking a the events we are having in the past few months i have no idea where this ends, the situation is getting worse every day and when we think that China is under control and i heard they are opening the markets now we hear that the second wave is coming and how many wave we should expect and my doubt is whether the patients who were cleared after getting positive are the ones getting back the virus?  :-\ . The economy will be in chaos even with the current situation and another way could crumble everything as how long can a nation shut down doing nothing.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: exstasie on April 14, 2020, 09:54:59 PM
Just when we thought that China had banished corona from it’s land suddenly new cases began to pop up at record pace, and now the health experts believe that it could be a second potential wave of Coronavirus in China. At this stage China will once again be forced to go into lockdown, and do you’ll think that it’s economy will be able to recover quickly from this second lockdown too?.

Source:

https://www.dailystar.co.uk/news/latest-news/china-coronavirus-cases-hit-highest-21857013

This was always a grim possibility. We probably should have read between the lines when they re-closed movie theaters nationwide and some Wuhan localities went on lockdown in March even after China claimed a miraculous recovery.

We should also assume we're not getting the full story even now, since all the numbers are scrubbed by the CCP before being released. Things are probably even worse than feared.

This should stand as a stern warning to western governments about re-opening prematurely, and doesn't bode well for economic recoveries across the board. This could end up prolonging the recession into/through 2021, which would have very tangible effects on all liquid assets from stocks to BTC. :-\


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: imstillthebest on April 14, 2020, 09:59:56 PM
The number of cases is really very less compared to other countries so I don't think they will go for lockdown again, particularly this is their time to do lot of business and already they are taking orders for PPE from a lot of countries.If the cases starts to rise as hell then they will be surely pushed to get locked down or put some restrictions for some companies.

cases are less because it was only new but lets observed how this new waves goes by  . many people said that it wasnt destructive than the previous one but why i think the second one is more disastrous   ? because for me second one is more strongest , that is what i heard on some nurses/doctors before but china already have an experienced related to it , so they should easily developed a cure for this one   .  so the answer is likely to be no , it cant affect china's economy , infact  china economy is starting to bloom now because they are now supplying other countries with items  .


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: kawetsriyanto on April 14, 2020, 10:42:34 PM
~ do you’ll think that it’s economy will be able to recover quickly from this second lockdown too?
I believe they can recover the economy condition quickly as we have seen it in the first wave. China's power in economy sector is one of the highest one in the world, so they won't have difficulties to deal with the current situation. Even they must have the second lockdown, they probably have prepared everything.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: exstasie on April 14, 2020, 11:45:39 PM
~ do you’ll think that it’s economy will be able to recover quickly from this second lockdown too?
I believe they can recover the economy condition quickly as we have seen it in the first wave. China's power in economy sector is one of the highest one in the world, so they won't have difficulties to deal with the current situation.

Not if exports are crushed. They are looking at a 10-20% contraction in Q1. If that performance continues through the year then they are looking at the worst economic crash since before Deng Xiaoping opened China’s economy in the 70s.

The question on my mind right now: Are the Markets Underestimating the Coronavirus Depression? (https://foreignpolicy.com/2020/04/03/markets-underestimating-coronavirus-depression-economic-impact-pandemic-financial-crisis/)


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: Kasabus on April 14, 2020, 11:58:36 PM
~ do you’ll think that it’s economy will be able to recover quickly from this second lockdown too?
I believe they can recover the economy condition quickly as we have seen it in the first wave. China's power in economy sector is one of the highest one in the world, so they won't have difficulties to deal with the current situation. Even they must have the second lockdown, they probably have prepared everything.
The first corona virus that had affected China has already teach them lessons on how to deal if other viruses will come to appear. If they had conquer the first one, i guess they are more ready enough for this new virus. And the fact that it started in their own country, surely they'll find ways on how to treat it same with with the first corona virus.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: qory on April 15, 2020, 01:30:55 AM
Big country like China, Italy and United State become most victim of Corona and make many world get economic crisis, how ever if bigger country get trouble other country will allow with the same thing and faced bad crisis of economic, will be this month corona virus could fight and stop it?


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: Subbir on April 15, 2020, 02:51:47 AM
This month the Coronavirus is close to causing its biggest panic the primary time China's economy could also be under threat albeit it doesn't hurt the economy an excessive amount of for the primary time. it is a virus that shook the entire world. nobody can do anything It seems to me that the second time that Hutu has been hit the larger obstacle before us is expecting us.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: viananda2525 on April 15, 2020, 03:24:28 AM
Big country like China, Italy and United State become most victim of Corona and make many world get economic crisis, how ever if bigger country get trouble other country will allow with the same thing and faced bad crisis of economic, will be this month corona virus could fight and stop it?
i think this pandemic will need long time to stop, moreover we didnt find yet its vacince and ofcourse it will make corona virus hard stop. the only think we could do to stop this pandemic was pshycal distancing and quarantine with negative effect all economic activity will decrease alot. not only big countries ,developtment countries will get effect too.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: TitanGEL on April 15, 2020, 03:26:24 AM
I don't know how serious this "second wave" is going to be, but as far as China goes, they're a huge country with a very strong economy.  So even if the outbreak gets worse there, it might sting a little bit but it's not going to kill them.

Viral outbreaks don't last forever as far as I know, and while things might look pretty bleak at present, this isn't going to last forever and life will get back to some sort of normalcy--eventually.  I also don't think China would have a problem getting some help from other countries if things get really bad.  Or they could sell all those US bonds they hold.
The data and chart doesn't lie after all, China has the highest recoveries in all of the countries due to their good medical facilities and officials. If there will be a second wave that can cause an outbreak again, I know that they are now fully prepared and they know what the right thing to do. The Wuhan lifted now their community quarantine and people are now free again to roam their country, with the right equipment and the right treatment, they overcome the pandemic.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: camito on April 15, 2020, 03:40:56 AM
Just when we thought that China had banished corona from it’s land suddenly new cases began to pop up at record pace, and now the health experts believe that it could be a second potential wave of Coronavirus in China. At this stage China will once again be forced to go into lockdown, and do you’ll think that it’s economy will be able to recover quickly from this second lockdown too?.

Source:

https://www.dailystar.co.uk/news/latest-news/china-coronavirus-cases-hit-highest-21857013



If there is really a second wave of the virus attacking and now spreading in China, I think it would affect the economy of China but not in the most devastating state. Looking at how the COVID-19 did only a 'scratch', probably that second wave would do a 'wolf-mark' look-alike.

Knowing that China is a beast in terms of trade and market analysis, they almost probably have the countermeasures already. I just think of its effect worldwide on other countries which aren't yet stable in terms of their economic crisis.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: celot on April 15, 2020, 05:28:07 AM
Although many update news about China have finish and success for recovery their victim from Corona virus until today there are still have many people get corona, maybe China look close their transparent document about how many people have success recovery from Corona virus and there are still health or not, need transparent about their condition and bring working for economic world.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: Naida_BR on April 15, 2020, 07:51:16 AM
Just when we thought that China had banished corona from it’s land suddenly new cases began to pop up at record pace, and now the health experts believe that it could be a second potential wave of Coronavirus in China. At this stage China will once again be forced to go into lockdown, and do you’ll think that it’s economy will be able to recover quickly from this second lockdown too?.

Source:

https://www.dailystar.co.uk/news/latest-news/china-coronavirus-cases-hit-highest-21857013



If a second lockdown is needed in China then possibly a second lockdown is going to be needed in all countries around the world.
It will be not an economic collapse for China but for all over the world.
So there will not a big deal for China only.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: fiulpro on April 15, 2020, 08:29:29 AM
Okay , everyone is entitled to their own opinions but I do think that we can look over this fact because of the following reason:-

82295 cases , mostly centred around hot zones have essentially created heard immunity in those places , I do understand that one needs to have 60% of the population infected to make it work but Corona virus despite being highly virulent does not show symptoms in many people , in some it is like common cold and it goes away therefore the numbers are quite high .
It is way higher than 82295.

Chinese doctors now because of so many cases have learned to handle it very well .

Vaccination is still more than 1 year away but at the same time the trial of drugs being supplied from India is actually doing Preety good . At the same time Drug for HIV , Lupus , Malaria is working , which shows that virus is reacting to broad spectrum of drugs , so essentially I do think we with a little more time treat it way better than we imagined before.

Plus government is even allowing workers who are sick with Corona virus to go to work ( unfortunate it is but it is the reality ) , situation is way worse.

Plus there are chances of the Corona virus being a bio weapon and investigations are still being carried around therefore if any party is found guilty it will actually give us more advantage over what we already know about the virus . The country of origin would already have the vaccine and they would just be waiting for it to a disastrous situation so that they can make profit from this situation.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: michellee on April 15, 2020, 10:04:09 AM
Although many update news about China have finish and success for recovery their victim from Corona virus until today there are still have many people get corona, maybe China look close their transparent document about how many people have success recovery from Corona virus and there are still health or not, need transparent about their condition and bring working for economic world.

We don't know if that is true or not, but that is what I also heard from the news. I think Coronavirus already crash the economy in many countries because we see that many businesses have shut down temporary their business without know when they will run or open it again. The Coronavirus has been impacted so many people in any country. Each government still trying to cure those people.

But I heard about the second virus from China called Hantavirus, but I don't know how it can infect people because that case is new in that country. I hope that this virus does not affect the Coronavirus.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: Betwrong on April 15, 2020, 12:15:48 PM
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Plus there are chances of the Corona virus being a bio weapon and investigations are still being carried around therefore if any party is found guilty it will actually give us more advantage over what we already know about the virus . The country of origin would already have the vaccine and they would just be waiting for it to a disastrous situation so that they can make profit from this situation.

I would exclude this option completely. Although the ideologies behind various governments are different, they are not that different so that such things could be possible. Although there could be a maniac or two in a government, most people morally evolved to the point that they would object, even risking their own lives to save others.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: Vishnu.Reang on April 15, 2020, 02:10:17 PM
Although many update news about China have finish and success for recovery their victim from Corona virus until today there are still have many people get corona, maybe China look close their transparent document about how many people have success recovery from Corona virus and there are still health or not, need transparent about their condition and bring working for economic world.

Whatever you say about China, the fact remains that they managed to control the pandemic, despite thousands of their citizens dying from it. They managed to achieve it by making a lot of sacrifices. Other countries which are suffering from this pandemic, especially countries such as Spain, Italy and the United States can study how China made it possible to contain the virus.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: Raflesia on April 15, 2020, 02:41:48 PM
Although many update news about China have finish and success for recovery their victim from Corona virus until today there are still have many people get corona, maybe China look close their transparent document about how many people have success recovery from Corona virus and there are still health or not, need transparent about their condition and bring working for economic world.

Whatever you say about China, the fact remains that they managed to control the pandemic, despite thousands of their citizens dying from it. They managed to achieve it by making a lot of sacrifices. Other countries which are suffering from this pandemic, especially countries such as Spain, Italy and the United States can study how China made it possible to contain the virus.

Well indeed China is able to overcome this pandemic and not as heavy as Europe which continues to fall infected and many casualties every day, but I think China is currently still on guard for further aftershocks and some news also says every day it has 100 infected, though Can this be above whether the country of China is still safe?
We need to know that this virus is difficult to remove because the vaccine has not yet been found, so we must be as smart as possible not to get this corona virus.
But in the Chinese economy it is still stable, but only a few countries are still experiencing a decline because they have not been able to overcome it.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: shoreno on April 15, 2020, 03:04:48 PM
Although many update news about China have finish and success for recovery their victim from Corona virus until today there are still have many people get corona, maybe China look close their transparent document about how many people have success recovery from Corona virus and there are still health or not, need transparent about their condition and bring working for economic world.

Whatever you say about China, the fact remains that they managed to control the pandemic, despite thousands of their citizens dying from it. They managed to achieve it by making a lot of sacrifices. Other countries which are suffering from this pandemic, especially countries such as Spain, Italy and the United States can study how China made it possible to contain the virus.

china can be an inspiration in other words  . if they do combat the virus then why not other countries but its not new to them since china has a proper leader  .

if you wont follow you can get punished badly  but other countries were so soft that they cant control thier people , this is why outbreak is still growing on them  but they can still changed how they implement rules  and they can make it more stricter , lets see if people can still be hard headed to follow it  .


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: smyslov on April 15, 2020, 03:09:07 PM
Just when we thought that China had banished corona from it’s land suddenly new cases began to pop up at record pace, and now the health experts believe that it could be a second potential wave of Coronavirus in China. At this stage China will once again be forced to go into lockdown, and do you’ll think that it’s economy will be able to recover quickly from this second lockdown too?.

Source:

https://www.dailystar.co.uk/news/latest-news/china-coronavirus-cases-hit-highest-21857013



I believe they can, they have learned a lot and they know what to do the next time, and the world can learn again on this second wave, now that there is a thing like the second wave of infection, the world really needs to hurry with a proven vaccine so we can have all a peace of mind that we longed for.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: figmentofmyass on April 15, 2020, 08:30:51 PM
~
Plus there are chances of the Corona virus being a bio weapon and investigations are still being carried around therefore if any party is found guilty it will actually give us more advantage over what we already know about the virus . The country of origin would already have the vaccine and they would just be waiting for it to a disastrous situation so that they can make profit from this situation.

I would exclude this option completely. Although the ideologies behind various governments are different, they are not that different so that such things could be possible. Although there could be a maniac or two in a government, most people morally evolved to the point that they would object, even risking their own lives to save others.

moral objections aside, there is no discernible motive either. foreign consumers are the basis for china's entire economic and monetary policy. killing them off (or their economy and thus demand for chinese exports) makes no sense.

this virus is also highly infectious; china was obviously incapable of controlling it. it has crippled their economy. if they intended on a biological attack, they would have used a much more targeted attack---one that didn't put their own population and economy at so much risk.

https://www.washingtonexaminer.com/policy/defense-national-security/fears-of-biological-warfare-linger-while-experts-say-coronaviruses-cannot-be-controlled


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: palle11 on April 15, 2020, 10:12:59 PM
and do you’ll think that it’s economy will be able to recover quickly from this second lockdown too?.


I think if the Chinese community gets a lockdown again from covid-19, the situation will not be very difficult to be handled because of the experience from the first period.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: danherbias07 on April 16, 2020, 05:10:37 AM
They have easily recovered with the first one with just a little amount of time.
I think they will be better on this next one.

They are ready. The vaccine might also be the same as the first one. If not, then I think it will be near it or almost the same.
Their economy won't easily fall down. If they found it quickly then I think they will also react fast.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: Reatim on April 16, 2020, 05:49:28 AM
Just when we thought that China had banished corona from it’s land suddenly new cases began to pop up at record pace, and now the health experts believe that it could be a second potential wave of Coronavirus in China. At this stage China will once again be forced to go into lockdown, and do you’ll think that it’s economy will be able to recover quickly from this second lockdown too?.

Source:

https://www.dailystar.co.uk/news/latest-news/china-coronavirus-cases-hit-highest-21857013


China is a very rich country and even the first wave it did not affect their economy that hard so what more this second wave when they had already beat the first?

This is just a chicken for them to face mate,The effect in the whole world wont happen to them and we don't know the true reason of this 2nd wave issue.
maybe china is just making news so the blame will stop be throwing unto them because there are many Publicity now that they are intentionally created and spread this virus so for them not to be blame they send this News cleaning their hands.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: Latviand on April 16, 2020, 07:22:47 AM
No! 2nd wave of Corona virus doesn't have the power to crush Chinese economy. It's a land of 1.48 billion people and internal market size of China is the largest in the world. Yes, probably their export business will take some hit the way rest of the world is facing it, but due to their internal market size, these losses will be taken care internally. A very minor portion of their economy will be suffered which are directly linked to international companies. Rest all are fine in China! They are ruled under dictatorship and not democracy!

I'm confident that it will not really affect China's economy, they are good at manipulating their stock exchanges. I don't think that they will have a hard time to recover from their economic crash because some of the products around the world came from them. They have the largest population and Chinese people are business-minded and when money talks, they will take some actions quickly. I'm sure that they suffer from a short period of time but the reality where the virus originated from them but still their economy is stable, is somehow mesmerizing.

From whatever news I am seeing, it seems like, out of 109 people who were tasted positive in China, 49 people recently came back from Russia. Since Russia is also ruled under a dictator, you will never know the actual information or actual numbers!

The number of cases in China is not multiplying anymore, how come that they handled this virus easily and yet not informing us what is the solution for the increasing of cases. China is very suspicious about this event and I think that they are hiding something from the world and we need more evidence and proof to know and understand it.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: Betwrong on April 16, 2020, 10:57:40 AM

moral objections aside, there is no discernible motive either. foreign consumers are the basis for china's entire economic and monetary policy. killing them off (or their economy and thus demand for chinese exports) makes no sense.

this virus is also highly infectious; china was obviously incapable of controlling it. it has crippled their economy. if they intended on a biological attack, they would have used a much more targeted attack---one that didn't put their own population and economy at so much risk.

https://www.washingtonexaminer.com/policy/defense-national-security/fears-of-biological-warfare-linger-while-experts-say-coronaviruses-cannot-be-controlled

I didn't mean China only, I meant that no country would carry out a biological assault like that nowadays, due to the current moral standards of majority of the people.

But of course I agree with you that it is much more important that the whole world has evolved to the point of understanding that, morals aside, it is more advantageous to help others than to harm them.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: el kaka22 on April 16, 2020, 11:04:21 AM
Chinese economy can't really be crashed all that easily, we are talking about over a billion people that are all work force for them and they could literally just focus on building more and more while everyone dies and sell it to everybody else. This is the same nation that allowed people starve to death in order to look powerful, that is why I do not think there is anything that could ever crash Chinese economy as long as they have people that live there and nobody does anything about the human rights violations they are doing every single day.

If other nations stop doing business with China they would have to work with somewhere else and things would be super expensive since china makes it cheaper so they can't afford to NOT work with China as well.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: Cratoon on April 16, 2020, 11:18:34 AM
I think at this point of time China is the last country we have to worry about. They have a strict government which will enforce the self-isolation when the second wave hits, and their economy can be reformed to real socialism (like venezuella) rather easily.

I heard something about china having some economy bubbles that are about to pop back in 2015. Anyone has any info about that?


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: Janation on April 16, 2020, 11:26:28 AM
As far as I know, this is a mistake they made from the earlier testings.

There are these people that have asymptomatic cases and in China, some people tested negative in the past are now positive with the virus. They lifted the travel ban in Wuhan and now new cases are appearing. I guess that is the wrong decision there by their government. Our country is now thinking if they will still extend the ECQ as cases are still appearing and there are still those people that are not cooperating with the policies regarding the ECQ.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: jalxyx on April 16, 2020, 12:52:26 PM
Just when we thought that China had banished corona from it’s land suddenly new cases began to pop up at record pace, and now the health experts believe that it could be a second potential wave of Coronavirus in China. At this stage China will once again be forced to go into lockdown, and do you’ll think that it’s economy will be able to recover quickly from this second lockdown too?.

Source:

https://www.dailystar.co.uk/news/latest-news/china-coronavirus-cases-hit-highest-21857013


i dont think so, even peoples say that corona have many waves, but still economy can raise up. Remember this quote, we cant recover the died but we know, we can recover economics


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: Leonardo7 on April 16, 2020, 08:27:36 PM
This will further disrupt the already broken supply chain ad cause smaller nations who totally depend on China for importation to be severely dealt with in their economy and this will lead to a recession or even depression in these nations that produce nothing but totally rely on China. This will teach every nation a lesson centralized production.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: exstasie on April 16, 2020, 09:09:51 PM
Chinese economy can't really be crashed all that easily, we are talking about over a billion people that are all work force for them and they could literally just focus on building more and more while everyone dies and sell it to everybody else.

Creating an endless supply will magically create demand? LOL, good luck with that theory. China's ghost towns disagree with you.

Anyway, they can't even do that while living under lockdown. People around here don't seem to understand: the lockdowns in China are much more restrictive than anything seen in the west. Western experts were speculating about a 30-40% GDP contraction in Q1 as a result of them.

All we can do is speculate because all the numbers from China are completely fake. Every number you hear from China (coronavirus stats, GDP numbers) is a lie. The government has a very vigorous system for preventing the dissemination of unfavorable news.

That's why the Shanghai Composite held so much stronger than the DOW or S&P. All the economic numbers are fudged. Nobody knows the real extent of the first wave in China, let alone the second wave.

People forget this in times of crisis, but China (just like the Soviet Union during the Cold War) is and always was a paper tiger. https://the-journal.com/articles/143683


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: adzino on April 16, 2020, 09:27:56 PM
Just when we thought that China had banished corona from it’s land suddenly new cases began to pop up at record pace, and now the health experts believe that it could be a second potential wave of Coronavirus in China. At this stage China will once again be forced to go into lockdown, and do you’ll think that it’s economy will be able to recover quickly from this second lockdown too?.

Source:

https://www.dailystar.co.uk/news/latest-news/china-coronavirus-cases-hit-highest-21857013


We can't be totally sure what they are saying is true or no. They won't even release half of their statistics publicly. I don't know what made them think that they have successfully bought everything under control. They even went this far allowing everyone to resume their daily activity as usual to make "everything normal" on their country. Are they this desperate to win this economic war? I find it hilarious seeing them being surprised that the cases are rising back again. I mean, like what did they expect? And now they claim that all those "imported" cases. Lol, yeah we believe you China. 


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: hulla on April 16, 2020, 09:55:27 PM
Just when we thought that China had banished corona from it’s land suddenly new cases began to pop up at record pace, and now the health experts believe that it could be a second potential wave of Coronavirus in China. At this stage China will once again be forced to go into lockdown, and do you’ll think that it’s economy will be able to recover quickly from this second lockdown too?.

Source:

https://www.dailystar.co.uk/news/latest-news/china-coronavirus-cases-hit-highest-21857013


We can't be totally sure what they are saying is true or no. They won't even release half of their statistics publicly. Are they this desperate to win this economic war? I find it hilarious seeing them being surprised that the cases are rising back again. I mean, like what did they expect? And now they claim that all those "imported" cases. Lol, yeah we believe you China. 
The issue about the Chinese having another Covid-19 situation is truth but i don't think it will affect their economy as the article writer presume because they were able to manage their previous occasion and it wont be difficult for them to manage another .


I don't know what made them think that they have successfully bought everything under control. They even went this far allowing everyone to resume their daily activity as usual to make "everything normal" on their country.
They did successfully control the covid-19 but their mistake is allow people from overseas to enter their country which was what lead to the second case of covid-19.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: Genemind on April 16, 2020, 10:54:53 PM
Quote
They did successfully control the COVID-19 but their mistake is to allow people from overseas to enter their country which was what lead to the second case of COVID-19.

I've seen it in the news that they have lifted the lockdown in their country and people started going out to tourist spots and traveling. The government should have thought this out clearly because getting 0 cases doesn't necessarily mean that the virus is completely gone. However, since they have handled the first wave, they are prepared for sure if ever there are still some cases that might appear after lockdown. The problem is, it is inevitable that this will cause another spread in their country or worse more people will die.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: Snappycoco on April 16, 2020, 11:56:40 PM
No. It is quite clear that they do have the experience as they go for 2nd wave. They already know how to handle such situations and how to prevent spreading the virus.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: princesspoppy on April 17, 2020, 12:05:26 AM
I don't think this second wave of coronavirus in China will be a problem. Medical experts, doctors and nurses, did everything they can during the first coronavirus before, I'm sure they know how to handle such situations again. And another thing, the government of China is very tight with their lockdown. This will not affect their economy because the government won't let it.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: CHENIEN on April 17, 2020, 03:03:00 AM
Covid -19 is the wildest virus in the new history and more live' s were lost that almost no one was convicted of this unexpected impact and despite its all about war against virus and it has'nt been completely disappeared in fact,the world health government are still finding a way to stop and many more fight to survive,however ,in connection with this we had a new history about the second wave of corona virus which is came from the harbin city of northern china but I think the global economy is already alert for this situation and I believe people know how to blocked this.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: KrisAlex18 on April 17, 2020, 04:37:10 AM
Just when we thought that China had banished corona from it’s land suddenly new cases began to pop up at record pace, and now the health experts believe that it could be a second potential wave of Coronavirus in China. At this stage China will once again be forced to go into lockdown, and do you’ll think that it’s economy will be able to recover quickly from this second lockdown too?.

Source:

https://www.dailystar.co.uk/news/latest-news/china-coronavirus-cases-hit-highest-21857013


That would be so hard for the China, there are already many people died in their country, after being recivered from the virus and then turning it back again is so really frustating, they will experience again being panic and afraid of what will happen to them and to their country, there are already so many businesses thst falls and if the virus turns back again the economy of the China will fall so hard.

They are just fresh from the virus and sad to say the virus visited them again, I hope thst there would be cure for this virus as soon as possible.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: leyton11 on April 17, 2020, 05:44:40 AM
Just when we thought that China had banished corona from it’s land suddenly new cases began to pop up at record pace, and now the health experts believe that it could be a second potential wave of Coronavirus in China. At this stage China will once again be forced to go into lockdown, and do you’ll think that it’s economy will be able to recover quickly from this second lockdown too?.

Source:

https://www.dailystar.co.uk/news/latest-news/china-coronavirus-cases-hit-highest-21857013


That would be a necessary short-term plan for China. We can now see many countries now eager to reopen their economy soon, but opening too early will have very bad consequences for their country's future. I believe that if we do not immediately take a social isolation move against Wuhan in China, things will get worse for them, like the US is facing right now.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: aioc on April 17, 2020, 06:34:43 AM
This will further disrupt the already broken supply chain ad cause smaller nations who totally depend on China for importation to be severely dealt with in their economy and this will lead to a recession or even depression in these nations that produce nothing but totally rely on China. This will teach every nation a lesson centralized production.
I read in one article that Japan wants their manufacturer in CVhina to transfer their production back home, China offers very cheap labor, that is why they become a home to all branded and top products for their manufacturing, but China can recover from this another wave of COVID they are a first world country,  they can spend billions of dollars just to combat this disease.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: AniviaBtc on April 17, 2020, 06:53:13 AM
What I'm worried about are those poor countries. Their economy is more likely to be greatly affected by this virus.

Totally agree with you. China's economy will not be really in a terrible situation but 3rd/developing countries will.
Even my country as a 3rd country almost 100% will not do a lockdown for fear of economic problems that will arise if it is done later.

But I'm wondering since many people said that the spread of this virus began in China, can't the Chinese government be blamed for this? Shouldn't they also be responsible for the spread that is happening in other countries?

China is very resistant to economic crash as they are the no.1 manufacturer of products and goods around the world that's why it is easy for them to save their economy. My country is a 3rd world country and a developing country and the government here is not that really focusing on the economy, the authority focused on how its people will become more disciplined. We all know that all of the country's government affected by this virus is panicking as they are not ready in this pandemic. As this virus originated from them, I think there is a possibility that this is intentional but probably their main target is the US. We all know that for how many years the both of them are having conflict and arguments economically.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: Negotiation on April 17, 2020, 07:26:19 AM
It is not right to blame anyone for this virus Everyone is spending the day in crisis Who will help the economies of all countries are disrupted? But China will not suffer too much China as a developed country in the world did not suffer much. If the virus is cured China will easily return to its former location.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: michellee on April 17, 2020, 07:39:32 AM
I don't think this second wave of coronavirus in China will be a problem. Medical experts, doctors and nurses, did everything they can during the first coronavirus before, I'm sure they know how to handle such situations again. And another thing, the government of China is very tight with their lockdown. This will not affect their economy because the government won't let it.

We don't know if the second wave of coronavirus will happen or not because there is not a clue. And as what we see with coronavirus, there is no information when this virus explodes in Wuhan, and if there is any second wave of that, we still need to be careful and keep clean and healthy for ourselves. I think that is affected by their economy, whether it is big or small but yes, the government will make prevention if the virus still exists in their country. We hope that after this pandemic, everything can be back normal.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: jalxyx on April 17, 2020, 09:40:01 AM
It is not right to blame anyone for this virus Everyone is spending the day in crisis Who will help the economies of all countries are disrupted? But China will not suffer too much China as a developed country in the world did not suffer much. If the virus is cured China will easily return to its former location.
Yeah, i really really agree with you. Dont trust all the media, keep searching and prove the content so we can still thinking positively


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: Sadlife on April 17, 2020, 09:54:46 AM
It's shocking i thought china planned the virus and already had the vaccine because they refuse to disclose research and data about Covid-19 to think that they have still been hit again by the second wave shows that china didn't really planned anything and US claims that china release the virus at Wuhan lab is really false.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: hatshepsut93 on April 17, 2020, 10:37:16 AM
Coronavirus will keep hurting China's and any other countries economy for quite some time, because new waves will be happening, but these waves will be smaller and smaller. If China didn't crumble from the original outbreak, it will not fall because of the second or third wave.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: jacafbiz on April 17, 2020, 11:44:52 AM
I think China over react with the CoronaLV Virus response in the first place, there are more data and information about the Virus now and I believe there would be better judgement. I do think most government are now discovering that the lock down do not worth it because of the economic disaster associated with it. The second waves being projected is just to spread FUD


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: carlisle1 on April 17, 2020, 12:39:34 PM
Second Wave of corona is too weak compared to the first because back then the Virus is still unknown and there are no much preventive measures compared to what is the capacity of China now.
i am sure it wont take week before they clear up things again

Even in South Korea there are news that those recently declared virus free is now it seems that being infected again,they don't know if this is a weak check up and result that is why it happens again.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: sheenshane on April 17, 2020, 01:07:49 PM
If China will have the second wave of coronavirus which is more dangerous to there citizen's health it may still not have stripper damage to there economy. Seems China is the ground zero of Covid19 and they were able to cope up both on there health and economy. If ever China will have the second wave of Covid-19 definitely, they already have strategic ways on how they can manage the situation again. And this time they will be more prepared for health issues as well as on their economy.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: samcrypto on April 17, 2020, 01:25:01 PM
It's shocking i thought china planned the virus and already had the vaccine because they refuse to disclose research and data about Covid-19 to think that they have still been hit again by the second wave shows that china didn't really planned anything and US claims that china release the virus at Wuhan lab is really false.
Honestly we don’t know the real situation in China and we don’t know the real news about it because of so many fake news. The second wave is scary but I hope people from China already learned the lesson, let’s all be positive and healthy because we are on risk, and I hope the market will bounce once we get a good vaccine for this problem.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: Sword555 on April 17, 2020, 01:46:53 PM
How this second wave could be possible in full isolation?


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: Raflesia on April 17, 2020, 01:49:22 PM
If China will have the second wave of coronavirus which is more dangerous to there citizen's health it may still not have stripper damage to there economy. Seems China is the ground zero of Covid19 and they were able to cope up both on there health and economy. If ever China will have the second wave of Covid-19 definitely, they already have strategic ways on how they can manage the situation again. And this time they will be more prepared for health issues as well as on their economy.
China already knows the strategy if there is a second wave of co-19, but is it possible this will happen? and I think it is still polemic in people all over the world that China is the one who ruined the world with co-19 but they were able to overcome it in a short time in my opinion while Europe continues to fall until now is it possible that China will not have assistance to other countries after success handle this virus?
I can't believe if there is a second wave that will happen again then all of that has been prepared in what will happen in the future.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: Sanugarid on April 17, 2020, 02:35:28 PM
If China will have the second wave of coronavirus which is more dangerous to there citizen's health it may still not have stripper damage to there economy. Seems China is the ground zero of Covid19 and they were able to cope up both on there health and economy. If ever China will have the second wave of Covid-19 definitely, they already have strategic ways on how they can manage the situation again. And this time they will be more prepared for health issues as well as on their economy.
China already knows the strategy if there is a second wave of co-19, but is it possible this will happen? and I think it is still polemic in people all over the world that China is the one who ruined the world with co-19 but they were able to overcome it in a short time in my opinion while Europe continues to fall until now is it possible that China will not have assistance to other countries after success handle this virus?
What do you guys expect? A covid-19 pro plus from China? haha lol. Once the vaccine has been created, perhaps we can have it at least a year then, we won't be getting any continuation of any of these.
Now Europe and other countries will be left with no choice but to seek help from rich country, recovered and whose economy isn't in bad position right now, in which case from the picture as of now it is the China, most of these countries will going to have a debt in China literally and figuratively.



Title: Re: China’s second corona wave can it crush it’s economy?
Post by: Kong Hey Pakboy on April 17, 2020, 03:54:58 PM
Just when we thought that China had banished corona from it’s land suddenly new cases began to pop up at record pace, and now the health experts believe that it could be a second potential wave of Coronavirus in China. At this stage China will once again be forced to go into lockdown, and do you’ll think that it’s economy will be able to recover quickly from this second lockdown too?.

Source:

https://www.dailystar.co.uk/news/latest-news/china-coronavirus-cases-hit-highest-21857013


Since China is started to increase the number of virus cases again, no doubt that it's economy will go down rapidly that it will be difficult for them to stop and to cure their people who has a virus. I think not only China is having this kind of trouble because every country all over the world is having a hard time figuring how to cure and defeat the corona virus.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: FanEagle on April 17, 2020, 05:41:09 PM
We gotta think bigger than this, Chinese economy collapsing would literally kill all the economies all over the world. I know many of you remember couple decades ago when the Chinese manufactured things were the cheap and horrible quality stuff however the world is not like that anymore.

I have a friend who makes board games and sells them and their company works with china, after all of this corona stuff happened there (they were the first so this was few months ago before the world situation happened) they started looking at other places and the best they could find was in Europe that was triple the price of Chinese version and not even as good quality as that. So, if china stops manufacturing, even just for one month, that would literally have deadly results for the world.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: Averim on April 17, 2020, 06:20:17 PM
Just when we thought that China had banished corona from it’s land suddenly new cases began to pop up at record pace, and now the health experts believe that it could be a second potential wave of Coronavirus in China. At this stage China will once again be forced to go into lockdown, and do you’ll think that it’s economy will be able to recover quickly from this second lockdown too?.

Source:

https://www.dailystar.co.uk/news/latest-news/china-coronavirus-cases-hit-highest-21857013


China has a strong economy. Just think after couple of weeks lockdown they helped countries in europe in the fight with coronavirus sending personal protection gear and human resources so they will probably overcome this second wave.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: coinfinger on April 17, 2020, 07:17:24 PM
I never really believed the total number of death count from China anyway. We are talking about a country that is basically third world country level for over a billion people, sure the rich are quite rich and probably richer than anyone else in the world, yet the poor are still there and that over a billion people live worst than many other nations in the world. So, you are telling me in USA which is a very civilized nation (arguable) the rate of infection is much faster, in Spain and Italy and France and UK and Germany all are infecting a lot faster when they are basically the epitome of the civilized world yet somehow a city in China that is not really know for anything else but animal cruelty level of poverty somehow managed to have less death? I seriously doubt that.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: snipie on April 17, 2020, 08:19:57 PM
I never really believed the total number of death count from China anyway. We are talking about a country that is basically third world country level for over a billion people, sure the rich are quite rich and probably richer than anyone else in the world, yet the poor are still there and that over a billion people live worst than many other nations in the world. So, you are telling me in USA which is a very civilized nation (arguable) the rate of infection is much faster, in Spain and Italy and France and UK and Germany all are infecting a lot faster when they are basically the epitome of the civilized world yet somehow a city in China that is not really know for anything else but animal cruelty level of poverty somehow managed to have less death? I seriously doubt that.
Barely everyone is believing that China is hiding or made a trick to lower the real number of infected people, however we should say that the mesures taken there was fast and effective. Now in the other side, western governments are trolling, didn't give a shit about the virus until Italy blow up, so they started taking weak measures until the spread of the virus was too large to contain in their countries, best examples are USA and UK...
Now i am worried that China is facing a "new wave", the number of infections there is rising while they are taking tighter measures. This can cause a real threat not only to the Chinese's economy but also to everyone!!


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: exstasie on April 17, 2020, 08:46:55 PM
Coronavirus will keep hurting China's and any other countries economy for quite some time, because new waves will be happening, but these waves will be smaller and smaller. If China didn't crumble from the original outbreak, it will not fall because of the second or third wave.

Let's not rule anything out. I don't mean to be grim, but the second wave of the Spanish Flu was by far the deadliest one.

Also this: Singapore's second wave of cases is a glimpse at what the US may be in for (https://www.businessinsider.com/singapores-second-wave-shows-us-in-for-loosening-restrictions-2020-4)

Substitute "China" for "the US" in that headline.

How this second wave could be possible in full isolation?

They are no longer in full isolation. They started reopening things a couple weeks ago, although at least one Wuhan prefecture was locked down again because of a surge in cases: Chinese County Back Under Lockdown After Coronavirus Cases Re-Emerge (https://www.bloomberg.com/news/articles/2020-04-02/chinese-county-back-under-lockdown-after-infection-re-emerges)


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: jalxyx on April 18, 2020, 12:17:19 PM
How this second wave could be possible in full isolation?
its all just speculation, dont scared too much. If the second wave really happen, i believe all the world have another way out to cut this wave. Just be positive


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: verita1 on April 18, 2020, 01:44:17 PM
As China tries to fix the new outbreaks of infection, the country will be creating its best strategies to start reestablish its economy.
As an example to other nations, I hope that China is doing well so that we do not have to suffer a severe economic collapse.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: jostorres on April 18, 2020, 05:41:50 PM
Just when we thought that China had banished corona from it’s land suddenly new cases began to pop up at record pace, and now the health experts believe that it could be a second potential wave of Coronavirus in China. At this stage China will once again be forced to go into lockdown, and do you’ll think that it’s economy will be able to recover quickly from this second lockdown too?.

Source:

https://www.dailystar.co.uk/news/latest-news/china-coronavirus-cases-hit-highest-21857013
I do not think there is going to be any difference from what's happening to other countries. They might be able to hold it off, and if that's not possible, then they are sure going to be on another lockdown to prevent further spread of the virus. The virus has been spreading in my country, though it is not too much at this time and I don't pray for that to happen, but everyday I wake up and check, the virus keeps on increasing and it is starting to annoy me lol.

There is already a lockdown and I don't know why things are not improving ,and I don't know for how long people will be able to endure this lockdown, it might reach the level where people will stop to comply, because the government is not even supporting in any way.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: NavI_027 on April 19, 2020, 02:56:16 AM
There is already a lockdown and I don't know why things are not improving ,and I don't know for how long people will be able to endure this lockdown, it might reach the level where people will stop to comply, because the government is not even supporting in any way.
Depends on the self discipline of its countrymen I guess. Even how hard the government and health authoritiy of a country try to cure the disease it will be useless if there is a single infected who go outside and spread the virus. Like here in our country, there is a case where a covid patient escape from the hospital and gone for few days. Imagine, how many people he encountered that time and might infect as well. What a shame :-\.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: Kez1817 on April 19, 2020, 05:40:48 AM
I think the second corona wave can't crush China's economy because they can handle it for sure. They survived the first wave of corona ,the same with the second. They already know how to fight this virus and prevent spreading. Also China is a rich country with stable and progressive economy that's why this virus can't cause to crush it's economy.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: bearexin on April 19, 2020, 08:22:46 AM
There is no confirmation on second waves of corona yet. I heard the second wave of Spanish flu by 1920 killed more people than its first wave, not sure how much true it was; still we cannot be sure about what future is going to unfold for all of us. Another bad news, I just come across, people showed symptoms of corona after 28 days isolation, authorities are not sure they already got infected or after the isolation which makes the current pandemic more cruel.

Corona is continuously getting mutant on daily basis or multiple times within a day which is complete new thing from what we have seen on virus usually. So, second wave seems still possible and we cannot predict its cruel consequences if governments fail to control it.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: abhiseshakana on April 19, 2020, 10:08:33 AM
I do not think there is going to be any difference from what's happening to other countries. They might be able to hold it off, and if that's not possible, then they are sure going to be on another lockdown to prevent further spread of the virus. The virus has been spreading in my country, though it is not too much at this time and I don't pray for that to happen, but everyday I wake up and check, the virus keeps on increasing and it is starting to annoy me lol.

As China tries to fix the new outbreaks of infection, the country will be creating its best strategies to start reestablish its economy.
As an example to other nations, I hope that China is doing well so that we do not have to suffer a severe economic collapse.

I don't know how the actual lockdown condition is in other countries. I got information from my frozen seafood buyer there that although direct flights from Indonesia to China and vice versa were closed but China still found a gap to come and go from China to Indonesia and vice versa. When there is a potential market, Chinese airlines do not remain silent, no matter how small the benefits will be used so that the economy does not stand still but starts moving. Chinese airlines open weekly charter flights from Cambodia to China and vice versa. Because flights to Cambodia from Indonesia and vice versa continue to run because the status of Cambodia is not yet red, Cambodia is used as a transit hub for flights from Southeast Asia to China. But only one Chinese airport can be visited so that the handling of the virus is controlled.

China is now worried that Covid-19 will again become an epidemic there with sources from abroad. But China also doesn't want to shut down. There must still be flights to China even though it is limited. So that the economy does not stall.

All passengers on the plane from Cambodia were then quarantined in a hotel that had been determined so that the supervision was controlled. After filling out the form with many questions they will undergo 14 days of quarantine. If after that it is okay then you can go back to your respective villages. In the hotel, they can only be in the room even the hotel lobby is prohibited. And all costs are the responsibility of the passenger of the aircraft.

They received suspicious migrants, with more special supervision and with different quarantine facilities plus special treatment, their feet were given an electronic bracelet. with anklets, surveillance will be more effective.

In addition to local governments, even large offices in China also use health code applications that indicate their health status, red, yellow or green from answering a number of questions.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: nutoskaleo on April 19, 2020, 11:39:48 AM
The first wave made enough for crushing. They say already about the biggest descent of economy. The second will just kill the rest...


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: Sadlife on April 19, 2020, 12:52:14 PM
They say that a pandemic has 3 waves so it's more likely that a 2nd wave will occur. As many people continue's to get infected and still the vaccine will take time to be created just like in historic pandemics in the past. Also with the virus and if they decide to lift travel ban, it will allow foreign carriers to spread the virus.
But it wont most likely affect China's economy as we all know their lying and hiding something about a vital data about the virus, so my guess China can once again solved the problem if i ever a second wave hits them.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: Vishnu.Reang on April 19, 2020, 02:37:39 PM
How this second wave could be possible in full isolation?

They are not in full isolation. The lockdown was lifted even in Wuhan a few days ago. And another thing to remember here is that most of the new cases are being classified as "imported"... that means that they are being reported from individuals who recently returned to China from foreign nations. Now the government needs to make sure that these returnees don't spread the virus to the general population.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: onrise on April 19, 2020, 03:00:25 PM
The first wave made enough for crushing. They say already about the biggest descent of economy. The second will just kill the rest...


It has already impacted the world economy to great extent and also put the world in the recession. If second wave comes then probably the world would go back many years back and humans would be impacted the most because of it and it is more dangerous for the people existence.



Title: Re: China’s second corona wave can it crush it’s economy?
Post by: jalxyx on April 19, 2020, 03:29:44 PM
The first wave made enough for crushing. They say already about the biggest descent of economy. The second will just kill the rest...


It has already impacted the world economy to great extent and also put the world in the recession. If second wave comes then probably the world would go back many years back and humans would be impacted the most because of it and it is more dangerous for the people existence.


its too much bro, dont think like that. I believe all the resources in this world will save us for better future. We are human right? not a donkey, we fall we learn, thats the point


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: n0ne on April 19, 2020, 03:40:39 PM
Though China has been experiencing it's second wave of corona virus the country is strong in its economy. Another thing, even now China is the one exporting more medical equipments and raw materials to the countries that are completely in lockdown. Every country is now with more and more plans to recover the economic conditions, but plans won't be effective until the virus spreading comes to an end.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: iv4n on April 19, 2020, 04:29:45 PM
I guess everything was like in the movies, virus is coming after all of us, governments are protecting us... short breath and here we go again, second wave, people are in panic (if they aren't already), governments are trying even harder, they print more money, that will protect us for sure!
Don't know about you guys, but I am happy I am in crypto for years! In some moments I feel like everything is happening on the other side and that we here don't need to worry about anything. I think good times are waiting for us (if we are not in good times already, for some time), crypto will have to take over, and we will have to move to decentralized governance. It's the only way out of this mess, and I don't see other options for us people!


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: tbterryboy on April 19, 2020, 05:43:23 PM
China literally has 20+ trillion in bonds and other stuff, so I doubt they would be really affected as much as you might imagine, they do have enough investments all around the world that would basically make sure that they would never get crushed unless they do something stupid. They would basically buy anything they want in exchange of the debts they are owed and that way they could continue to operate for a long long time at which period we would basically all be over corona anyway so it is unlikely that another wave could do anything to corona.

I hope that they do get a bit of economical crash in the long run because I do not like their government but the sad thing is, if the nation loses some money the rich will continue to live the same, poor will get more poor, that is the sad part.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: MCobian on April 19, 2020, 10:14:44 PM
I hope that the corona second wave virus will not occur, because the corona virus will destroy the world economy. If it's about China
i'm sure they will be better equipped to deal with the second wave corona virus if it does. China has a very strong economy, so according
my opinion will not greatly affect the economy in the country of China if there is a second wave.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: hung58bitcoin on April 20, 2020, 04:01:18 AM
I think that China will hardly recover from the COVID-19 epidemic. Because China did not prevent this virus successfully. The COVID-19 disease has spread to many countries around the world, especially the US and Europe. It has killed many people and caused enormous economic damage to the US. President Trump plans to withdraw US factories from China back to the US or to other countries such as Vietnam and Taiwan. This will make many Chinese workers unemployed. Therefore, the Chinese economy will face a serious crisis.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: carlisle1 on April 20, 2020, 04:33:29 AM
The first wave is enough for Chinese people learn how to prevent and control this Virus so the second wave may not bring big effect compared to the first.

and maybe there are just lapses in their medical part thats why the virus starts again but this does not mean they will be crashed just like that.
This will fade sooner and just like days after the news the spread stops already looking at the recorded date of Chinese government.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: Negotiation on April 20, 2020, 07:25:37 AM
I agree with you that China's second coroner wave cannot crush its economy Because they have dealt with it before they know how to control everything their economy will not be anything. However as there is no vaccine for the virus the number of infections and deaths will increase China cannot control it.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: Paycoinzzz on April 20, 2020, 08:55:23 AM
Just when we thought that China had banished corona from it’s land suddenly new cases began to pop up at record pace, and now the health experts believe that it could be a second potential wave of Coronavirus in China. At this stage China will once again be forced to go into lockdown, and do you’ll think that it’s economy will be able to recover quickly from this second lockdown too?.

Source:

https://www.dailystar.co.uk/news/latest-news/china-coronavirus-cases-hit-highest-21857013


Even without the appearance of this second pandemic, China's economy will also experience a period of severe recession. The reason is because they were under enormous pressure from US taxes in 2019 and left quite a few unemployed. and as soon as tariffs were reduced, the pandemic appeared and left many unemployed and businesses bankrupt. Therefore, they also need a lot of time to develop again. Don't rely on anyone who says the market will bounce back, even if he is an expert. The economic situation will show clearly in a few weeks.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: Betwrong on April 20, 2020, 10:04:37 AM
Coronavirus will keep hurting China's and any other countries economy for quite some time, because new waves will be happening, but these waves will be smaller and smaller. If China didn't crumble from the original outbreak, it will not fall because of the second or third wave.

I totally agree with you! People should stop panicking about this situation already, because it makes things only worse. It looked dangerously 3 weeks ago, but not any more. And even if China were concealing some data(like many ppl think), we could look at Italy, Spain and France to see that the numbers of new daily cases and new deaths weren't increasing during the past weeks the way it was predicted a month ago by some doomsayers.

No new wave can crush the economy, neither China's, nor any other country's.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: exstasie on April 20, 2020, 12:19:31 PM
People should stop panicking about this situation already, because it makes things only worse. It looked dangerously 3 weeks ago, but not any more. And even if China were concealing some data(like many ppl think), we could look at Italy, Spain and France to see that the numbers of new daily cases and new deaths weren't increasing during the past weeks the way it was predicted a month ago by some doomsayers.

That's because of the economic shutdowns and social distancing measures. Now that those restrictions are being relaxed, we could see another surge in infections. It will take a couple weeks for that to be reflected in the data. Since there is no herd immunity, and since case numbers are still near the peak, going back to normal may be like playing with fire. If cases surge again, we risk having to close up economies a second time, which would definitely cause a global market panic. Be ready for it!

The surge in Southeast Asia is sobering too: https://www.cnbc.com/2020/04/20/southeast-asia-could-be-the-next-coronavirus-hot-spot-these-charts-show-why.html

India and Russia also both seeing their largest surges yet. It seems that no region will be spared, even those countries who reacted quickly. That will have reverberating effects on global demand.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: Yatsan on April 20, 2020, 04:00:43 PM
I think that China will hardly recover from the COVID-19 epidemic. Because China did not prevent this virus successfully. The COVID-19 disease has spread to many countries around the world, especially the US and Europe. It has killed many people and caused enormous economic damage to the US. President Trump plans to withdraw US factories from China back to the US or to other countries such as Vietnam and Taiwan. This will make many Chinese workers unemployed. Therefore, the Chinese economy will face a serious crisis.
As a matter of fact China has the biggest improvement out of all countries that have been hit by the virus given that Wuhan, China is the original epicenter of the virus. Does China is having hard time containing the virus? YES, we all do but being not prepared does not mean that we cannot be successfully defeat the virus. I'm amaze how China is doing things by their own, given that they have the most populated country yet the recovery rate is impressively high. China is working on the cure and vaccine under the world's pressure from suspicions that they created it so they can manage to take advantage of the world in many aspect.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: Vishnu.Reang on April 20, 2020, 04:20:58 PM
As a matter of fact China has the biggest improvement out of all countries that have been hit by the virus given that Wuhan, China is the original epicenter of the virus. Does China is having hard time containing the virus? YES, we all do but being not prepared does not mean that we cannot be successfully defeat the virus. I'm amaze how China is doing things by their own, given that they have the most populated country yet the recovery rate is impressively high. China is working on the cure and vaccine under the world's pressure from suspicions that they created it so they can manage to take advantage of the world in many aspect.

China is an authoritarian country, and it was relatively easier for them to impose lockdowns. The case was different in other countries such as Italy and France, where the people rioted against lockdown measures. Too many conspiracy theories are spreading on the net regarding the origin of the virus. There is a lot of propaganda as well. The sad thing is that in between all this, the gargantuan effort put in by the paramedics of China gets overlooked.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: BChydro on April 20, 2020, 11:53:20 PM
Over the past 2 days, 16 people with coronovirus have been identified in China, however, according to the statement of the official authorities, 9 of them are foreigners.
China certainly already has the experience of completely isolating and combating the virus, but if the outbreak repeats itself where is the guarantee that this will not happen again.
I cannot believe that they have a complete control over the outbreak and if these numbers are true then they have done a great job countering a virus that Europe and US are struggling to contain, i am not aware of their health care facilities to have such low numbers or are they revealing everything to the world, what i think is that the details of the foreigners are provided as they cannot hide them and i still think they are not telling the entire story.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: jalxyx on April 21, 2020, 06:38:19 AM
I agree with you that China's second coroner wave cannot crush its economy Because they have dealt with it before they know how to control everything their economy will not be anything. However as there is no vaccine for the virus the number of infections and deaths will increase China cannot control it.
do you hear Bill Gates dedicated to make a vaccine right now? its hard to make, but we can support them. Believe that the future will shining bright


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: Botnake on April 21, 2020, 09:22:32 AM
It seems like China's economy was not crushed, I mean the corona virus only affected one City but their capital city where the business are done are still open despite the corona virus, now that they were able to contained the virus, their economy will be more better while other parts of the world are still battling the virus.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: jalxyx on April 21, 2020, 04:49:14 PM
It seems like China's economy was not crushed, I mean the corona virus only affected one City but their capital city where the business are done are still open despite the corona virus, now that they were able to contained the virus, their economy will be more better while other parts of the world are still battling the virus.
which country are you in? just take a breath for a second, your comment it really happen there in Jakarta. Many people still work out in this pandemic, despite the goverment ruling down all activity


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: FanatMonet on April 21, 2020, 11:37:21 PM
The second wave of coronavirus should not cause much damage to China, because they already have experience in dealing with it, including hospitals with medical personnel. Now the main thing for them is to control everyone arriving in the country.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: brotherwood12 on April 22, 2020, 12:34:03 PM
if the cause are same , i think the overcome for it will be easier , and if "lockdown" really needed will be in short time / shorter than the first one . also i guess china have made the vaccine itself


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: Psynthax on April 22, 2020, 01:51:02 PM
The second wave of coronavirus should not cause much damage to China, because they already have experience in dealing with it, including hospitals with medical personnel. Now the main thing for them is to control everyone arriving in the country.

We are still uncertain about that though, there's recent news about the virus mutation that could potentially reinfect though they might know to handle it but if they fail to contain it once more it could be yet another disaster not only for china but for entire world. At a time like this I have this slight hope for the vaccine to arrive sooner really.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: abhiseshakana on April 23, 2020, 03:34:34 AM
It seems like China's economy was not crushed, I mean the corona virus only affected one City but their capital city where the business are done are still open despite the corona virus, now that they were able to contained the virus, their economy will be more better while other parts of the world are still battling the virus.
which country are you in? just take a breath for a second, your comment it really happen there in Jakarta. Many people still work out in this pandemic, despite the goverment ruling down all activity

Indeed, not all cities in China were isolated during the Corona pandemic, but Wuhan is lockdown completely because it is the center of the spread of the virus in China. The lockdown in Wuhan is very different from the one in Jakarta, which is PSBB (large-scale social restrictions) with a work from home campaign and no noise. The Indonesian government has not yet done a lockdown for Jakarta on the grounds that costs touch the 550 billion figure per day.

Surely China will soon recover from the economic slowdown and contraction due to the Corona pandemic. because China took some good steps.

China uses a scientific approach in overcoming the coronavirus pandemic and acts quickly through a control mechanism to break the chain of the spread of coronaviruses and cure corona patients by building two corona specialty hospitals within six days. China has a very strict prevention and control policy. Panic buying is minimized by measurable policies such as prohibiting the business world from raising the price of daily necessities and imposing penalties for violators.

China continues to maintain economic stability amid the coronavirus outbreak. while maintaining the flow of goods for the needs of corona handling and daily needs remain normal. Some provinces that are not too affected donate food needs to other provinces. One-to-one assistance mechanism. When a virus is spread, the participation of all parties is involved in handling the virus. Through this strategy, one province must help other provinces affected by corona. The culture of hard workers and the strong unity of the social system in China are two influential variables in the successful handling of outbreaks in China. In addition, adherence from the Chinese community to respond to government instructions to remain at home, also an important contribution in accelerating the handling of the virus.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: Naida_BR on April 23, 2020, 07:44:28 AM
It seems like China's economy was not crushed, I mean the corona virus only affected one City but their capital city where the business are done are still open despite the corona virus, now that they were able to contained the virus, their economy will be more better while other parts of the world are still battling the virus.

China treated this virus very well and this is why the virus affected only Wuhan.
If all other countries around the world would have taken this virus serious we would not have so much deaths and infections all over the world - with the biggest impact happening to the US.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: jalxyx on April 23, 2020, 09:11:55 AM
if the cause are same , i think the overcome for it will be easier , and if "lockdown" really needed will be in short time / shorter than the first one . also i guess china have made the vaccine itself
everyone on this topic says their argument, the best way to keep this topic still update is just post the trusted news and update, in positive vibes. Dont post if you only have argument without data


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: NavI_027 on April 23, 2020, 10:10:30 AM
China treated this virus very well and this is why the virus affected only Wuhan.
If all other countries around the world would have taken this virus serious we would not have so much deaths and infections all over the world - with the biggest impact happening to the US.
Indeed, if they (most of us of course) did not underestimate it then for sure they are not the country leading to number of cases and deaths due to covid. I thought they can easily beat this because they are well known rich and powerful country but as we see the virus seems really strong. Now I realized that whether you are a powerhouse or just a small country, an unknown enemy is a big cahllenge for you.

Actually prior to this, I saw a video interview on FB. A man ask questions to a girl face to face then suddenly she say sorry for having a hoarse voice because she had the corona virus. Like wtf! Though  the video is a meme (it was edited), the content is still quite alarming. See? Being undisciplined at its finest tsk ::).

Ps. Sorry if I can't give the link, I guess FB shut it down.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: Averim on April 23, 2020, 09:36:57 PM
Asian people are very creative and usually find incredible solutions for uncommon problems. China will meet no economical crush, not even after the second covid wave.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: TheGreatPython on April 24, 2020, 08:18:50 AM
Looking at the numbers around the world, china has gone through this a lot earlier than anyone else and it is normal that they are done with it by now however we do not have any sort of vaccine or a cure for corona which means we will never really be done with is it? I mean think about it, how could we really get rid of totally if anyone could have corona and not realize they have it inside a 14 day isolation period.

I had to go outside and work for a while and now we have separated rooms with my wife for the past 14 days, tomorrow will be my last day so we can finally get together, if I am so scared and if my wife is scared of me, how could we really expect people to go back to regular world and look at each other safely? I would assume anyone I meet would have corona until there is a cure for it.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: BitcoinTurk on April 24, 2020, 09:14:29 AM
No, I do not think that a second wave of propagation with the virus will harm the Chinese economy, but unfortunately it is not possible to say the same thing for small economy countries or developing world countries if this occurs all over the world. Although the world is both economically shaken and the situation is bad, a new outbreak is likely to occur. Yes, it is possible to prevent this second wave by applying the quarantine rules correctly, but it should be reminded that in a second event, many companies and private enterprises do not have the power to remove this crisis. So, maybe the Chinese economy has the power to overcome this situation, but if it is to be interpreted in general and if this event is to be repeated once again in the world, then many small economy countries and developing countries cannot handle this shock. I hope that this virus will soon lose its effect.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: huu78 on April 24, 2020, 09:55:03 AM
as long as they carry out procedures as specified or carry out activities according to the orders of the president or the government, then I think they can deal with this case.imagine that China with the largest population in the world can cope with this and got rid of the wave 1 coronavirus.
precisely in America with the highest number of infected people and deaths, because it does not follow instructions or anything that makes the spread of the virus freer.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: carlisle1 on April 24, 2020, 11:05:30 AM
It seems like China's economy was not crushed, I mean the corona virus only affected one City but their capital city where the business are done are still open despite the corona virus, now that they were able to contained the virus, their economy will be more better while other parts of the world are still battling the virus.
which country are you in? just take a breath for a second, your comment it really happen there in Jakarta. Many people still work out in this pandemic, despite the goverment ruling down all activity
That is the problem if the people are not coordinating because this will End that the said country will remain spreading of the virus.
as long as they carry out procedures as specified or carry out activities according to the orders of the president or the government, then I think they can deal with this case.imagine that China with the largest population in the world can cope with this and got rid of the wave 1 coronavirus.
precisely in America with the highest number of infected people and deaths, because it does not follow instructions or anything that makes the spread of the virus freer.

they have made the escape from the first wave so how about what they can do in this second wave?of course this will bring at least some shaken but they already battle the wave and it seems now those are infected was cured and the news were gone.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: jalxyx on April 24, 2020, 12:01:27 PM
Asian people are very creative and usually find incredible solutions for uncommon problems. China will meet no economical crush, not even after the second covid wave.
i am asian, but im nt sure what kind of solution right now :D only lockdown and hope the vaccine as fast as it done


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: TrevorS on April 24, 2020, 08:17:33 PM
if the cause are same , i think the overcome for it will be easier , and if "lockdown" really needed will be in short time / shorter than the first one . also i guess china have made the vaccine itself

It must be remembered that the incubation period of the virus is 2 weeks or more.
Repeated waves will be stretched in time and will depend on the number of people who managed to make contact with the infected and spread the virus further.
The virus has a surprisingly large incubation period, which is alarming.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: jalxyx on April 26, 2020, 11:46:54 AM
does anyone read newspaper about vietnam facing corona virus? i think the goverment ways to solve corona was very good. THey dont have any dead cases and now, vietnam announce that they opened the country and 100% corona free


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: Vishnu.Reang on April 26, 2020, 12:59:05 PM
Asian people are very creative and usually find incredible solutions for uncommon problems. China will meet no economical crush, not even after the second covid wave.
i am asian, but im nt sure what kind of solution right now :D only lockdown and hope the vaccine as fast as it done

Asian here as well. I don't think that Asia is faring any better when compared to the rest of the world. Anyway, I just want to warn you about this hype regarding the vaccine. As of now, we don't have a vaccine although several of the pharma giants are working on it. Even if they come up with a vaccine, the testing and approval phase can take anywhere from 6 to 18 months.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: tvplus006 on April 26, 2020, 03:29:57 PM
Just when we thought that China had banished corona from it’s land suddenly new cases began to pop up at record pace, and now the health experts believe that it could be a second potential wave of Coronavirus in China.

The second wave, and maybe even the third and fourth, we will definitely get later. This infection will return to us several times a year. In the meantime, the reality is that the last person who had a coronavirus was discharged in China Wuhan (https://www.reuters.com/article/us-health-coronavirus-china-wuhan/china-says-all-coronavirus-patients-in-wuhan-have-now-been-discharged-idUSKCN228077) today.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: wozzek23 on April 26, 2020, 05:04:14 PM
Just when we thought that China had banished corona from it’s land suddenly new cases began to pop up at record pace, and now the health experts believe that it could be a second potential wave of Coronavirus in China. At this stage China will once again be forced to go into lockdown, and do you’ll think that it’s economy will be able to recover quickly from this second lockdown too?.

Source:

https://www.dailystar.co.uk/news/latest-news/china-coronavirus-cases-hit-highest-21857013
If they were able to handle the first case, don’t you think they will also be able to handle the second case?
They might follow the same strategy they used in handling the first case. Though there are things I’m quite confused about.

First of all, when this coronavirus outbreak started in China they rejected help from other countries, and when it finally got to other countries, China started offering to help them lol. Doesn’t that seem to be kind of suspicious? And I heard news that the coronavirus got worst in Italy after China offered to help them. Not sure about this though but if it’s true, then it’s enough to suspect them for this virus that’s wrecking the world recently.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: SaShiRaJaVu on April 26, 2020, 08:45:35 PM
The second wave, and maybe even the third and fourth, we will definitely get later. This infection will return to us several times a year. In the meantime, the reality is that the last person who had a coronavirus was discharged in China today.
I have no idea from where you are getting these information, the last person who was corona positive is discharged means that there are no more patients in China, yet they are publishing how many patients they are identifying every day and yesterday there was 12 patients and today they identified 11 patients and going by that numbers there is no way it was the last patient :P.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: South Park on April 26, 2020, 09:32:47 PM
Just when we thought that China had banished corona from it’s land suddenly new cases began to pop up at record pace, and now the health experts believe that it could be a second potential wave of Coronavirus in China. At this stage China will once again be forced to go into lockdown, and do you’ll think that it’s economy will be able to recover quickly from this second lockdown too?.

Source:

https://www.dailystar.co.uk/news/latest-news/china-coronavirus-cases-hit-highest-21857013


This was to be expected, the virus is not going to disappear from any country until a vaccine is found, what we are going to see is the virus coming back from time to time but since now we know of its existence then people are going to be more careful and the next wave is not going to be as big as the first one, however not only this is going to have an effect on China but it will have an effect all over the world and this will severely affect the export sector of China which is the motor of their economy.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: Botnake on April 26, 2020, 10:40:08 PM
The second wave, and maybe even the third and fourth, we will definitely get later. This infection will return to us several times a year. In the meantime, the reality is that the last person who had a coronavirus was discharged in China today.
I have no idea from where you are getting these information, the last person who was corona positive is discharged means that there are no more patients in China, yet they are publishing how many patients they are identifying every day and yesterday there was 12 patients and today they identified 11 patients and going by that numbers there is no way it was the last patient :P.

And most probably the number of cases will continue to increased in this second wave. South Korea as well experienced the second surge and here in our country, second wave of cases are popping. Even those who was positive and cure became positive as well, which obviously remains a mystery for now and we have so much to learn from this virus. In the meantime, even if the quarantine has been lifted in other countries, I will still be cautious at this point though. Really hard to fight an invisible enemy.

There is no assurance because there is no vaccine yet, I hope people will still understand that there's still a high risk, not because the quarantine is lifted, people will already assume that they are already safe, sometimes the lack of education will cause them into big trouble.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: Oasisman on April 26, 2020, 10:44:28 PM
Just when we thought that China had banished corona from it’s land suddenly new cases began to pop up at record pace, and now the health experts believe that it could be a second potential wave of Coronavirus in China.

The second wave, and maybe even the third and fourth, we will definitely get later. This infection will return to us several times a year. In the meantime, the reality is that the last person who had a coronavirus was discharged in China today.

That can't be accurate China recorded 11 new cases today.
https://www.worldometers.info/coronavirus/   (https://www.worldometers.info/coronavirus/  )

This virus won't be totally eradicated without the vaccine, and vaccine could be developed for at least a year. So, we're going to expect this pandemic will not end without the vaccine.

@OP China's economy is strong and this second wave ain't no way touching their economy. The number of new cases in their country is far lesser than 30 people per day. That cannot destroy their economy for sure.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: tvplus006 on April 26, 2020, 10:50:27 PM
The second wave, and maybe even the third and fourth, we will definitely get later. This infection will return to us several times a year. In the meantime, the reality is that the last person who had a coronavirus was discharged in China today.
I have no idea from where you are getting these information, the last person who was corona positive is discharged means that there are no more patients in China, yet they are publishing how many patients they are identifying every day and yesterday there was 12 patients and today they identified 11 patients and going by that numbers there is no way it was the last patient :P.

I wrote incorrectly in my message that all patients were discharged from the hospital. This only applied to the Chinese city of Wuhan, where the coronavirus pandemic began last year. I read the news on this topic here: "China says all coronavirus patients in Wuhan have now been discharged (https://www.reuters.com/article/us-health-coronavirus-china-wuhan/china-says-all-coronavirus-patients-in-wuhan-have-now-been-discharged-idUSKCN228077)"


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: NJ89 on April 26, 2020, 10:55:20 PM
My problem with the "corona came from a Chinese lab"-theory is figuring out what China gained from it. People in my village are avoiding the Chinese restaurants, just because they heard on the news that the virus came from China. Obviously, this wouldn't be a real concern, but you get the gist.

One thing I could believe is that it was an accident after a contamination in the Wuhan lab where they might have been experimenting with variations of the SARS virus. This happened in the original SARS epidemic as well, scientists who were trying to find a cure got infected and spread it (albeit in very limited amounts).

Either way, China wouldn't gain anything from disabling the world economy. On the contrary, if the world economy is doing bad, an export country like China is going to be among the worst hit. I think that might be the big blow to the Chinese economy.
Everyone is buying the FFP2 masks that are being produced in China now, but every country in the world is reconsidering outsourcing to a faraway country, China being one of the biggest. The "Made in China" label will probably be less common in the next decade or so. They survived SARS and MERS, but I'm not sure if they will survive COVID.

I'm sure they'll recover, though, and their experience with the first wave will probably help them cope with the second wave better. I am sure that there will be a second wave once global air travel is allowed again, but I don't think China wouldn't be able to cope with that. And if they're not, no one will know about it....


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: SaShiRaJaVu on April 26, 2020, 11:10:46 PM
~snip
And most probably the number of cases will continue to increased in this second wave. South Korea as well experienced the second surge and here in our country, second wave of cases are popping. Even those who was positive and cure became positive as well, which obviously remains a mystery for now and we have so much to learn from this virus. In the meantime, even if the quarantine has been lifted in other countries, I will still be cautious at this point though. Really hard to fight an invisible enemy.
The main problem is that the scientfic world is still studying about the virus and the extend in which it can remain in your body, the patients that were cured and then popping again is a huge concern as it shows that the virus can hibernate to such low levels that it will not show while testing and then once you are off the medication it will multiply once again.

~snip
I wrote incorrectly in my message that all patients were discharged from the hospital. This only applied to the Chinese city of Wuhan, where the coronavirus pandemic began last year. I read the news on this topic here: China says all coronavirus patients in Wuhan have now been discharged
I am not buying what they claim, do you seriously think that only 4632 people lost their lives due to this pandemic in China while the rest of the world is struggling to contain the spread and around two hundred thousand people lost their lives in the past few months and the numbers keeps on increasing daily, if they really contained the virus they must know something where the rest of the world is unaware. I am not going into the conspiracy of China creating the virus but how they were able to contain the virus and what are the real figures on the number of patients and their treatment methods and how many lost their lives.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: NJ89 on April 26, 2020, 11:50:44 PM
I am not buying what they claim, do you seriously think that only 4632 people lost their lives due to this pandemic in China while the rest of the world is struggling to contain the spread and around two hundred thousand people lost their lives in the past few months and the numbers keeps on increasing daily, if they really contained the virus they must know something where the rest of the world is unaware. I am going into the conspiracy of China creating the virus but how they were able to contain the virus and what are the real figures on the number of patients and their treatment methods and how many lost their lives.
I do agree with most of this, but a lot depends on how you count your deaths as well.

For example, Belgium has a huge amount of deaths per capita, but they take into account any suspected death. About 50-70% of their deaths was not confirmed by tests.
Different countries have different ways of counting and it makes it very hard to compare...


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: jalxyx on April 28, 2020, 06:45:02 AM
Asian people are very creative and usually find incredible solutions for uncommon problems. China will meet no economical crush, not even after the second covid wave.
i am asian, but im nt sure what kind of solution right now :D only lockdown and hope the vaccine as fast as it done

Asian here as well. I don't think that Asia is faring any better when compared to the rest of the world. Anyway, I just want to warn you about this hype regarding the vaccine. As of now, we don't have a vaccine although several of the pharma giants are working on it. Even if they come up with a vaccine, the testing and approval phase can take anywhere from 6 to 18 months.
we also know this, to produce vaccine need more time, at first it must testing by clinical an non clinical. After then we have a good volunteer to test the vaccine. Hope that this virus no longer on this world


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: bits4books on April 28, 2020, 10:51:46 AM
It is worth considering that China does not exist solo in the Earth.
As in the last century, unfortunately, we have a bipolar world again.
If China will start to have real problems it will start get money from people and corporations intensively (and there are many of them in China), go to its neighbors for mutually beneficial help (there is Russia nearby, you know?), and start dumping the market again, as in the past decade.
But at the same time, China will pull create another one financial crisis. Think of the mortgage crisis of 2008 and think about whether you want China to die so abruptly or not


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: exstasie on April 28, 2020, 11:20:35 AM
Things aren't looking great for China. A report came out yesterday estimating 20.5% unemployment, a 3.5x increase over the official government numbers. This would put them on par with the US.

https://www.bloomberg.com/news/articles/2020-04-27/china-brokerage-retracts-estimate-that-real-jobless-level-is-20

Quote
As many as 70 million people could have lost their jobs due to the economic fallout from the coronavirus pandemic, translating into an actual unemployment rate of around 20.5%, a group of three analysts from Shandong-based Zhongtai Securities wrote in a report dated April 24.

The surge in unemployment was due to the outsize impact of the pandemic on services and small businesses, which provide the bulk of job opportunities, they said.

The official surveyed jobless rate was 5.9% in March, down from the record-high of 6.2% in the first two months of the year, according to data from the National Bureau of Statistics.

Why the retraction? Because they aren't allowed to disagree with Beijing:

Quote
The report became inaccessible on social media Monday. One of the report’s authors, Zhang Chen, said by phone that it had been retracted.

“Zhongtai’s attitude is that we should go by the official figures for unemployment,” Zhang said.

I'm pretty confident these numbers are closer to reality than the official ones.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: mersal on April 28, 2020, 12:03:19 PM
China already earned lot of hates from different countries due to the poor quality products which they have exported and also US starts accusing China directly for their shady behaviour and also they are not allowing any researchers to to some essential research to find vaccine for covid 19 so they no need second wave to crush their economy, they are already facing issues in their economy and after pandemic ends no countries will import Chinese products.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: Bobby park on April 28, 2020, 12:40:53 PM
It is not possible to collapse the economic of China, even the Corona virus is came from in Wuhan one of the largest and developed city in China. The destruction of corona virus is less compared to other countries like America, Italy, and Spain etc, it is because they have already a vaccine and also they have advance technologies to prevent widespreading of viruses.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: andisuk on April 28, 2020, 05:57:30 PM
if for China, they can solve economic problems quickly because obviously there are many countries in the world that take debt from China and it certainly has become a sense of security for them to overcome all the crises that occur, just as they build hospitals for the corona case that done in a very short time


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: joinfree on April 28, 2020, 08:29:32 PM
I think it's too early to call for a possible second wave of Corona virus due to the recent emission of new cases. I believe the health industry of China has better equipped themselves by now to be able to deal with any rise in the  cases of COVID 19. China has done a great job in curtailing the previous one and I am not sure they would really let another wave of this virus swamp them easily.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: FanatMonet on April 28, 2020, 11:20:45 PM
It is not possible to collapse the economic of China, even the Corona virus is came from in Wuhan one of the largest and developed city in China. The destruction of corona virus is less compared to other countries like America, Italy, and Spain etc, it is because they have already a vaccine and also they have advance technologies to prevent widespreading of viruses.
But it is worth noting that the coronavirus in China did not inflict serious blows on the financial centers of the country, such as Shanghai, Guangzhou, Hong Kong. And this is rather strange, because Wuhan was not closed very quickly, and China has a very high population density.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: Asusnumbaone on April 30, 2020, 03:13:22 PM
Just when we thought that China had banished corona from it’s land suddenly new cases began to pop up at record pace, and now the health experts believe that it could be a second potential wave of Coronavirus in China. At this stage China will once again be forced to go into lockdown, and do you’ll think that it’s economy will be able to recover quickly from this second lockdown too?.

Source:

https://www.dailystar.co.uk/news/latest-news/china-coronavirus-cases-hit-highest-21857013


Corona virus is deadly as we thought it can affect human body and it is easily to transmit to one another. China because of lack of resources in their country they ate what is available in their environment and unfortunately they discovered a virus that can destroy human and breakdown the economic of affected country


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: Sirait on April 30, 2020, 03:48:19 PM
I believe China have anticipated a second wave of this epidemic, the system they implemented is very good, though I'm not sure China is honest with the number of their patients as Donald Trump said

seeing from the way they successfully handled the first wave of this outbreak then the second wave will be easy for China


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: South Park on May 01, 2020, 04:10:17 PM
Either way, China wouldn't gain anything from disabling the world economy. On the contrary, if the world economy is doing bad, an export country like China is going to be among the worst hit. I think that might be the big blow to the Chinese economy.
Everyone is buying the FFP2 masks that are being produced in China now, but every country in the world is reconsidering outsourcing to a faraway country, China being one of the biggest. The "Made in China" label will probably be less common in the next decade or so. They survived SARS and MERS, but I'm not sure if they will survive COVID.
Over the long term I think this is going to be one of the main reasons why the Chinese economy is going to slow down, for a very long time countries all over the world have decided to export their manufacturing sector to China because it was cheaper but now they are realizing that in the case of the crisis they are completely dependent on a foreign country to supply what they need and I'm sure that many countries are going to reconsider that position on the following years affecting China in the process.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: Sanugarid on May 01, 2020, 05:34:52 PM
I believe China have anticipated a second wave of this epidemic, the system they implemented is very good, though I'm not sure China is honest with the number of their patients as Donald Trump said

seeing from the way they successfully handled the first wave of this outbreak then the second wave will be easy for China
With the world on a huge problem right now, China seems to be all right even the virus originally came from Wuhan. I'm not questioning things now, but as I read Trump's statement earlier ( although it was not really clarified) I think it again that maybe China really made the virus that's why they are ready and look prepared with it. Trump's said that they were able,  "I don't understand how traffic, how people weren't allowed into the rest of China, but they were allowed into the rest of the world. That's a bad, that's a hard question for them to answer.", I don't know what to believe now.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: kapalmabur on May 01, 2020, 06:57:52 PM
I think China will be fine if there is a second wave of Corona Virus attacking them again, moreover from China's actions in handling this epidemic is very good, it looks like they have closed down many hospitals, hopefully there will be no second or third wave, because it will cause problems for the world again


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: jalxyx on May 01, 2020, 10:15:43 PM
I think China will be fine if there is a second wave of Corona Virus attacking them again, moreover from China's actions in handling this epidemic is very good, it looks like they have closed down many hospitals, hopefully there will be no second or third wave, because it will cause problems for the world again
There is no second wave i think, could you give me any link that related to predict about second wave? But, even second wave occur, we're not donkey right? we can survive with our knowledge and experiences


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: ololajulo on May 01, 2020, 10:36:12 PM
I think China will be fine if there is a second wave of Corona Virus attacking them again, moreover from China's actions in handling this epidemic is very good, it looks like they have closed down many hospitals, hopefully there will be no second or third wave, because it will cause problems for the world again
There is no second wave i think, could you give me any link that related to predict about second wave? But, even second wave occur, we're not donkey right? we can survive with our knowledge and experiences
China is still gradually opening the country and are closely monitoring the infection and possible spread. Am afraid the trend may still be kept secret from world, however, there is a news that no one is held in the hospital in wuhan for Corbid in the last 5 days. No form of verification and more countries seem to be making it political and keep information on the spread or some hiking the figure to collect international fund.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: Ridwan Fauzi on May 01, 2020, 10:44:46 PM
I think China will be fine if there is a second wave of Corona Virus attacking them again, moreover from China's actions in handling this epidemic is very good, it looks like they have closed down many hospitals, hopefully there will be no second or third wave, because it will cause problems for the world again
I think no, China has failed to handle this pandemic. If they're good to handle this virus there won't be any countries who affected. I mean, the virus will not be spreaded to another country, there will just in wuhan. The current economic situation is bad, you have to see there will be many companies who got bankcrufted in China. And maybe it needs several months to get economic back and run normally.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: BChydro on May 01, 2020, 11:01:52 PM
China already earned lot of hates from different countries due to the poor quality products which they have exported and also US starts accusing China directly for their shady behaviour and also they are not allowing any researchers to to some essential research to find vaccine for covid 19 so they no need second wave to crush their economy, they are already facing issues in their economy and after pandemic ends no countries will import Chinese products.
The biggest mistake other countries made is to expect high quality products from China  :D, they are known to make low quality products and if you are counting on them then you need to think twice and this will be an eye opening for many as they will manufacture the products on their home soil next time rather than going for more profits by outsourcing it to China and accept an inferior product.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: Febo on May 02, 2020, 01:31:55 PM
I saw GDP growth predictions yesterday and China had 1.2% growth fro 2020.  What is quite nice. Most countries will have 5% drop of GDP in 2020. Some countries that highly depend on tourism even 10%.  So I would not be so worried for China. But extremely worried for touristic countries. Even in 2021 people will be cautious with travelling.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: nomenclatur on May 02, 2020, 03:48:04 PM
Just when we thought that China had banished corona from it’s land suddenly new cases began to pop up at record pace, and now the health experts believe that it could be a second potential wave of Coronavirus in China. At this stage China will once again be forced to go into lockdown, and do you’ll think that it’s economy will be able to recover quickly from this second lockdown too?.

Source:

https://www.dailystar.co.uk/news/latest-news/china-coronavirus-cases-hit-highest-21857013


china's country has a strong economy the second coronavirus this incident will make them stronger even though they long take time to restore the country's economy because of cases of pandemic china has made people died. mortality in china is currently in china also quite a lot.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: Assface16678 on May 02, 2020, 04:12:25 PM
Just when we thought that China had banished corona from it’s land suddenly new cases began to pop up at record pace, and now the health experts believe that it could be a second potential wave of Coronavirus in China. At this stage China will once again be forced to go into lockdown, and do you’ll think that it’s economy will be able to recover quickly from this second lockdown too?.

Source:

https://www.dailystar.co.uk/news/latest-news/china-coronavirus-cases-hit-highest-21857013


china's country has a strong economy the second coronavirus this incident will make them stronger even though they long take time to restore the country's economy because of cases of pandemic china has made people died. mortality in china is currently in china also quite a lot.

From the previous weeks after the news released by the news that the china now has 0 cases of their new patients getting infected into the coronavirus some of the places in China is back to normal and now they have one of the largest increase of the GDP on their country now there are a lot of hoax and rumors that are planned by the china to conquer the world by breaking down the whole economy of the world and get easily recovered by the vaccine they already made just to make sure they can make a big growth to their country. This kind of rumor makes you think that it looks like yes they did to make a good and economy but the bad side is there are a million of people getting died but still it is a rumor or hoax. @OP it is not impossible to make a second wave of the virus because the virus can evolve and it depends on the situation or the environment and it is better if they find already the cure so all the things back to normal and they can avoid getting too much of lives of their love ones because it hits hard to the economy if the number of the employee dies every day. Still, we are hoping for the cure.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: jalxyx on May 04, 2020, 02:34:00 PM
I think China will be fine if there is a second wave of Corona Virus attacking them again, moreover from China's actions in handling this epidemic is very good, it looks like they have closed down many hospitals, hopefully there will be no second or third wave, because it will cause problems for the world again
I think no, China has failed to handle this pandemic. If they're good to handle this virus there won't be any countries who affected. I mean, the virus will not be spreaded to another country, there will just in wuhan. The current economic situation is bad, you have to see there will be many companies who got bankcrufted in China. And maybe it needs several months to get economic back and run normally.
please man, dont you judge only by opinion. You have to study more about this pandemic. If china fail, until now they were get new cases, but today china had no more cases. If you think the spread of corona is china mistakes and you dont have any proof, you are in trouble man. Everyone can prosecute you


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: pragna on May 04, 2020, 04:28:31 PM
Just when we thought that China had banished corona from it’s land suddenly new cases began to pop up at record pace, and now the health experts believe that it could be a second potential wave of Coronavirus in China. At this stage China will once again be forced to go into lockdown, and do you’ll think that it’s economy will be able to recover quickly from this second lockdown too?.

Source:

https://www.dailystar.co.uk/news/latest-news/china-coronavirus-cases-hit-highest-21857013



I think 2nd weave can not play a big impact in economy  because in the mean time they discover vaccine and other country's also trying to discover medicine and vaccine so not only in China but also it will not play digester in any county of the world in near future. I think after 2/3 months it will be time to recover previous days and economy.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: jalxyx on May 05, 2020, 01:48:42 PM
Just when we thought that China had banished corona from it’s land suddenly new cases began to pop up at record pace, and now the health experts believe that it could be a second potential wave of Coronavirus in China. At this stage China will once again be forced to go into lockdown, and do you’ll think that it’s economy will be able to recover quickly from this second lockdown too?.

Source:

https://www.dailystar.co.uk/news/latest-news/china-coronavirus-cases-hit-highest-21857013



I think 2nd weave can not play a big impact in economy  because in the mean time they discover vaccine and other country's also trying to discover medicine and vaccine so not only in China but also it will not play digester in any county of the world in near future. I think after 2/3 months it will be time to recover previous days and economy.
Not sure about the economic, its compicated you know? okay, the health may recover rapidly, but economic depend on many causes, it took time maybe 1 or 2 year to recover everything


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: Subbir on May 05, 2020, 02:15:26 PM
Yes, it doesn't take long to get over this virus Many are conscious of this before and have come up with various ways to beat it Not only China but many other countries have come under the control of the economy. initially many didn't understand and were disappointed such a lot has been lost for this But China's second corona wave can't crush its economy  China has discovered how to beat it. China helps other countries to enhance their economies.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: FanatMonet on May 05, 2020, 06:57:55 PM
I saw GDP growth predictions yesterday and China had 1.2% growth fro 2020.  What is quite nice. Most countries will have 5% drop of GDP in 2020. Some countries that highly depend on tourism even 10%.  So I would not be so worried for China. But extremely worried for touristic countries. Even in 2021 people will be cautious with travelling.
China has a fairly developed economy, and the second wave does not threaten it, because after the first wave there were new hospitals and doctors with invaluable experience in treating coronavirus. Therefore, I am also calm about China, the only thing that can prevent it is a strong deterioration in the financial well-being of the USA and the EU.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: Snappycoco on May 06, 2020, 03:43:26 PM
No. I do believe they already have the cure to this virus. They were treating their own and not having a single care to other nations. It is secretly processed in their Chinese owned hospitals anywhere in the world and China is supplying the cure.

https://cnnphilippines.com/news/2020/4/27/Baclaran-Paranaque-raid-clinic-medicine-COVID-19.html


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: Findingnemo on May 06, 2020, 03:55:54 PM
No. I do believe they already have the cure to this virus. They were treating their own and not having a single care to other nations. It is secretly processed in their Chinese owned hospitals anywhere in the world and China is supplying the cure.

https://cnnphilippines.com/news/2020/4/27/Baclaran-Paranaque-raid-clinic-medicine-COVID-19.html
Every country has developed their own version of vaccine to this virus but no one yet confirmed yet and approved as vaccination so they are treating with existing medicines which can treat the symptomatic diseases only and mainly they try to quarantine the affected ones over curing them.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: Vishnu.Reang on May 06, 2020, 04:08:03 PM
A few months back, other nations were making fun of China, and some of the experts were claiming that the Chinese economy, as well as the government would collapse. And now, the Chinese economy is back on track and running smoothly. But many of the other nations are witnessing their economy slipping towards a never ending recession. And the worst part is that we are yet to witness the pandemic peaking in these nations.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: $crypto$ on May 06, 2020, 04:25:40 PM
A few months back, other nations were making fun of China, and some of the experts were claiming that the Chinese economy, as well as the government would collapse. And now, the Chinese economy is back on track and running smoothly. But many of the other nations are witnessing their economy slipping towards a never ending recession. And the worst part is that we are yet to witness the pandemic peaking in these nations.
China can now be said to be able to overcome the epidemic with the economy continuing to grow, even now the bad news about China is almost non-existent. I don't know if this was indeed not published.
But from several other countries pointing out that from this pendemic China was the one who started the virus. The virus spread and experts said it could be in the industrial war world but I don't know for sure whether this was indeed man-made or indeed accidental.
But certainly at this time China is able to produce again as before.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: BrewMaster on May 06, 2020, 04:39:47 PM
it is funny how the media, which is basically the western media that we see, has been running a big propaganda campaign against China for a long time and they intensified it all over the past months that the Corona Virus has been spread globally.

the interesting part is that Chinese economy probably took the least amount of damaged in comparison with other countries economy. for instance i remember the first week of the pandemic when Chinese borders were closed and virus reports in other countries had not yet come out the US companies started losing millions of dollars....


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: exstasie on May 06, 2020, 06:34:54 PM
it is funny how the media, which is basically the western media that we see, has been running a big propaganda campaign against China for a long time and they intensified it all over the past months that the Corona Virus has been spread globally.

the interesting part is that Chinese economy probably took the least amount of damaged in comparison with other countries economy.

That's just Chinese government propaganda. All the government numbers are fake. They also banned short selling in February to protect the stock market.

The true effects on the Chinese economy have probably been worse than in the West. Half a million companies closed permanently in Q1 and it is estimated that over 200 million workers have lost their jobs. (https://www.theepochtimes.com/no-sign-of-recovery-for-chinese-economy-as-virus-cripples-export-orders_3336205.html) China has engaged in virtually no economic stimulus. Meanwhile since their economic model is heavily export-based, any hopes for recovery are dependent on economic recoveries in the US and Europe.

This miraculous (fake) Chinese recovery is about as real as the V-shaped recovery the White House expects in Q3. Both are just a bunch of government propaganda to deflect blame and keep people optimistic.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: Renampun on May 06, 2020, 07:15:21 PM
it is funny how the media, which is basically the western media that we see, has been running a big propaganda campaign against China for a long time and they intensified it all over the past months that the Corona Virus has been spread globally.

the interesting part is that Chinese economy probably took the least amount of damaged in comparison with other countries economy.

That's just Chinese government propaganda. All the government numbers are fake. They also banned short selling in February to protect the stock market.

The true effects on the Chinese economy have probably been worse than in the West. Half a million companies closed permanently in Q1 and it is estimated that over 200 million workers have lost their jobs. (https://www.theepochtimes.com/no-sign-of-recovery-for-chinese-economy-as-virus-cripples-export-orders_3336205.html) China has engaged in virtually no economic stimulus. Meanwhile since their economic model is heavily export-based, any hopes for recovery are dependent on economic recoveries in the US and Europe.

This miraculous (fake) Chinese recovery is about as real as the V-shaped recovery the White House expects in Q3. Both are just a bunch of government propaganda to deflect blame and keep people optimistic.
I really agree with you...
I am very sure that the data that emerged from the Chinese government is false, making public optimistic is indeed needed to suppress panic but their propaganda is one of their art of war since ancient times. I do not hate their race it's just that I do not like the cunning and lies that they continue to show.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: ololajulo on May 06, 2020, 07:40:39 PM
The disease had broken out for several weeks before the news was revealed and for several weeks there is no update of the situation in china, so we may not get to know. Although wuhan is open and no case of disease is out for several week but there are still questions on the quick recovery. There are fewer chances of diseases outbreak  after vaccine had been released.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: hahay on May 06, 2020, 08:56:50 PM
They make decisions too quickly, when there are still many other countries that get new cases every day from the spread of Covid-19, but China ends the lockdown and of course it could be a mistake for their own economy, but even so far they can still handle it well. I and maybe most people just hope that this pandemic will end quickly, and always remain cautious and keep a distance even though the government has decided to end the lockdown because this virus cannot be ascertained whether it has really disappeared or not.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: South Park on May 06, 2020, 09:46:19 PM
I saw GDP growth predictions yesterday and China had 1.2% growth fro 2020.  What is quite nice. Most countries will have 5% drop of GDP in 2020. Some countries that highly depend on tourism even 10%.  So I would not be so worried for China. But extremely worried for touristic countries. Even in 2021 people will be cautious with travelling.
If that is true then those numbers are not so bad, any country that is able to grow their economy in 2020 despite the adverse circumstances we are facing is doing great, because as you say the majority of the countries are going to suffer a significant drop in their GDP and this is going to be even more true if there is a second wave of the coronavirus during the winter of this year, I hope that by that time we are better prepared to face the coronavirus and the effects that it may have.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: ecnalubma on May 07, 2020, 04:09:01 AM
Since we can't conclude the damage of Pandemic's first wave its hard to conclude the damage for the next if there is but potentially it could be worst. I doubt Chinese government will disclose any information about the damage of this pandemic to their economy, definitely they will just coverup and filter all the informations that coming out from chinese medias.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: Hasan905 on May 07, 2020, 11:20:54 AM
Just when we thought that China had banished corona from it’s land suddenly new cases began to pop up at record pace, and now the health experts believe that it could be a second potential wave of Coronavirus in China. At this stage China will once again be forced to go into lockdown, and do you’ll think that it’s economy will be able to recover quickly from this second lockdown too?.

Source:

https://www.dailystar.co.uk/news/latest-news/china-coronavirus-cases-hit-highest-21857013



I think 2nd weave can not play a big impact in economy  because in the mean time they discover vaccine and other country's also trying to discover medicine and vaccine so not only in China but also it will not play digester in any county of the world in near future. I think after 2/3 months it will be time to recover previous days and economy.
See, its true that 2nd waves can't play any big impact in their economy, but there don't have connection with vaccine, because vaccine can help them to recover from it rapidly, but for recovering their economy they will have to act internationally and for that most countries that they were used to do their main business or export, they should be open for them.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: panganib999 on May 07, 2020, 11:09:04 PM
Just when we thought that China had banished corona from it’s land suddenly new cases began to pop up at record pace, and now the health experts believe that it could be a second potential wave of Coronavirus in China. At this stage China will once again be forced to go into lockdown, and do you’ll think that it’s economy will be able to recover quickly from this second lockdown too?.

Source:

https://www.dailystar.co.uk/news/latest-news/china-coronavirus-cases-hit-highest-21857013



I think China can still manage to bounce back their economy once again if ever the threat of the second wave of Coronavirus will sprout. But admit it or not, the second wave will be alarming since there is still no cure or vaccine for the said pandemic so it will be a big threat once again if there will be no actions done to control the spread of the virus. May this second wave be contained only at China so that no nearby countries will be affected once again like Philippines who is already struggling because of the declination of their economic status because of the pandemic which brings economic crisis due to temporary closure of industries that create jobs for people to be able to have a production of goods and services. No doubt a big country like China can be able to recover that fast but how about the nearby countries that have difficulties on managing their resources once the virus spread out and we still do not have any cure for it.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: silversurfer1958 on May 07, 2020, 11:31:12 PM
I think the second wave of China's COVID-19 epidemic came from foreign tourists. Therefore, they can easily control the source of this disease. At present, China is starting to open its economy. But because China has not done a good job of preventing the disease from escaping from the world, it has received waves of anger from the US and Europe. President Trump has plans to withdraw U.S. factories from China to other countries. This will seriously hurt the Chinese economy.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: South Park on May 10, 2020, 04:10:48 PM
I think the second wave of China's COVID-19 epidemic came from foreign tourists. Therefore, they can easily control the source of this disease. At present, China is starting to open its economy. But because China has not done a good job of preventing the disease from escaping from the world, it has received waves of anger from the US and Europe. President Trump has plans to withdraw U.S. factories from China to other countries. This will seriously hurt the Chinese economy.
I think the United States is not going to be the only country to try to do something like that, governments around the world are realizing that in the case of a crisis they do not have the industrial power to turns things around really quickly and to produce the items they need to combat the crisis, but China does and for the most part this is because countries around the world have literally given away that sector to China for free and most likely they will reconsider their position after this.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: tbterryboy on May 13, 2020, 07:18:42 PM
I think the second wave of China's COVID-19 epidemic came from foreign tourists. Therefore, they can easily control the source of this disease. At present, China is starting to open its economy. But because China has not done a good job of preventing the disease from escaping from the world, it has received waves of anger from the US and Europe. President Trump has plans to withdraw U.S. factories from China to other countries. This will seriously hurt the Chinese economy.
If they were able to handle the first breakout, they will also be able to handle the next breakout in their country. And moreover, China still has a really strong market. They have been making huge sales of health materials such as ventilators, face masks, tests and a lot more.

Ever since this Coronavirus outbreak I have been seeing a lot of news on countries making huge orders from sellers in China and it's really a huge amount of money. So, the way I see it their economy might still be growing at this time. That shows the importance of a country having a strong production. If other countries are producing these things by themselves they wouldn't have to bother much.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: CHENIEN on May 15, 2020, 02:28:35 PM
 there is a possibility that it may happen and the economy of the whole world is in danger but we can't really control the destiny we can do nothing but take. but someone is already planning for since almost all countries were in control and remained in General Economic Quarantine so meaning globally knows on how to fight for another pandemic IMPACT which is similar in China and particularly in the US, therefore, this second waving of coronavirus will become easier with the help of our government so we have a way to overcome it closely in fact now is the time for us to prove our strength in this trial.in connection with almost every country's aid, so we have hope for a new life.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: Jorge158 on May 16, 2020, 10:26:38 AM
Just when we thought that China had banished corona from it’s land suddenly new cases began to pop up at record pace, and now the health experts believe that it could be a second potential wave of Coronavirus in China. At this stage China will once again be forced to go into lockdown, and do you’ll think that it’s economy will be able to recover quickly from this second lockdown too?.

Source:

https://www.dailystar.co.uk/news/latest-news/china-coronavirus-cases-hit-highest-21857013


If this new wave persist for long time and China undergoes a total lockdown, apparently this will have a major negative impact on the economy of China. Companies, businesses, firms etc will be closed, production rate will reduced, foreign exchange will go down and the cumulative effect of all these will have a detrimental effect on China's economy. 


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: exstasie on May 18, 2020, 07:31:57 AM
This seems relevant. The senior medical adviser behind the January lockdown of Wuhan is warning about low immunity and the threat of a second wave in China: https://amp.cnn.com/cnn/2020/05/16/asia/zhong-nanshan-coronavirus-intl-hnk/index.html

The government has been playing whack-a-mole, instituting local lockdowns wherever new clusters pop up, including a district in Wuhan last week. If the lockdowns become province-wide like earlier in the year, it's going to get ugly for the economy.


Title: Re: China’s second corona wave can it crush it’s economy?
Post by: Reatim on May 18, 2020, 09:59:13 AM
I think the second wave of China's COVID-19 epidemic came from foreign tourists. Therefore, they can easily control the source of this disease. At present, China is starting to open its economy. But because China has not done a good job of preventing the disease from escaping from the world, it has received waves of anger from the US and Europe. President Trump has plans to withdraw U.S. factories from China to other countries. This will seriously hurt the Chinese economy.
How can Foreigners bring Covid19 virus to the place where this came from?i believe this comes from thos Chinese that lives in remote places or another start comes from wild animals because they are rare/exotic animal eaters.

And for me?sad to say that if they do not stop eating those kind of meat the chance of this virus stays will always there and won’t be cured at any chances.

But anyway Chinese can face this and will fight to stop the spread again as what they did in the first wave.