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

[nomenclatur]

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.

[Assface16678]

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.

[jalxyx]

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

[pragna]

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.

[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 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

[Subbir]

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.

[FanatMonet]

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.

[Snappycoco]

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

[Findingnemo]

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.

[Vishnu.Reang]

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.

[$crypto$]

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.

[BrewMaster]

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....

[exstasie]

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. 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.

[Renampun]

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. 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.

[ololajulo]

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.

[hahay]

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.

[South Park]

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.

[ecnalubma]

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.

[Hasan905]

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.

[panganib999]

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.