China’s second corona wave can it crush it’s economy?

[Naida_BR]

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.

[fiulpro]

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.

[michellee]

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.

[Betwrong]

~
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.

[Vishnu.Reang]

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.

[Raflesia]

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.

[shoreno]

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  .

[smyslov]

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.

[figmentofmyass]

~
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

[palle11]

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.

[danherbias07]

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.

[Reatim]

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.

[Latviand]

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.

[Betwrong]

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.

[el kaka22]

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.

[Cratoon]

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?

[Janation]

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.

[jalxyx]

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

[Leonardo7]

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.

[exstasie]

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