naaimmd (OP)
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April 15, 2020, 03:45:45 PM |
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As we see everyday many people are dying every day in Europe and America and their economy is going down every day and economy specialties are guessing that the USA will lose his position as economy king and china will take over and we are already seeing that china economy didn't drop much and there already making money in this crisis.
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palle11
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April 15, 2020, 03:52:21 PM |
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The whole scenario leaves one in doubt on what really is the cause, reason and problem. The economy power is changing with China now dominating sales of health materials on covid-19 in Africa especially. The dynamics is changing, who knows how it will all play out.
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jackg
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April 15, 2020, 04:02:32 PM |
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If we're talking about gdp, China have a far way to go.
It might be important to note that I think apple are moving taxable operations back to the US from the Irish Republic so we might see their gdp go up quite a bit if other companies follow too.
China always had a high number of exports before now, everything used to be produced in China and since they became in to getting more money (or having their reputation drop) more things I've noticed here are being assembled in the EU from being printed in China, Bangladesh or Thailand.
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Findingnemo
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April 15, 2020, 04:08:43 PM |
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China is already the manufacturing hub of this world, even when there is no trace of corona on countries other than China they faced issue on the supply chain so after this, they will hold more power in the manufacturing industries and also yes they will be considered as supernation as well.
But America is doing something to hold their position and many people not aware of it.
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The Sceptical Chymist
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April 15, 2020, 04:21:01 PM |
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Trump is trying to get the US reopened as soon as possible, which should limit the economic hit it's going to take (though who knows if it's too soon as far as the outbreak is concerned), and I don't think the US in general is going to get killed economically when all is said and done. So if that's the case, I don't think China will end up more dominant than it already is--but that scenario certainly could happen. China is a huge country with a lot of citizens and a booming economy.
Also, I think this "crisis" is going to end up being shorter than most people realize. It seems like life has changed permanently around the world, but this isn't going to last forever. I don't even think it's going to last more than a few more months, but we'll see.
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mu_enrico
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April 15, 2020, 04:36:33 PM |
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we are already seeing that china economy didn't drop much and there already making money in this crisis.
Who said that? CCP propaganda networks? With globalization, all markets are connected, so they will also experience revenues decrease. Anyway, As supreme President Trump said, the Chinese become dominant because they gamed the WTO to include them as a developing country. https://www.bloomberg.com/news/articles/2019-11-14/here-s-what-it-means-to-be-a-wto-developing-country-quicktakeMoreover, they have made the US angry with the coronavirus and WHO scandal. With that in mind, we should pray there will be no WWIII.
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Paycoinzzz
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April 15, 2020, 04:37:45 PM |
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As we see everyday many people are dying every day in Europe and America and their economy is going down every day and economy specialties are guessing that the USA will lose his position as economy king and china will take over and we are already seeing that china economy didn't drop much and there already making money in this crisis.
That is possible in the future. The prospect will be very bad for the United States if Trump is no longer president in the next term. he is one of the most economically competent presidents in the United States and he has done a good job of doing his job. But the virus has devastated his efforts for four years and the US economy has begun to have major problems as public debt is growing. If this pandemic fails to stop in the US in 2 months, then the economic crisis will surely occur soon. In my opinion, China should also help the US during this period because the virus leak is from China.
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$crypto$
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April 15, 2020, 05:40:21 PM |
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You could say this is a strategy of China to control the entire world economy and make America all the more collapse in the economy, but I can't help thinking that this co-19 was made by China to damage the whole world and I say this is purely from viruses that are spread accidentally and not a scientific creation. It would be very dangerous if the economy would dominate the economy because they would suppress the entire market so that China could arbitrarily control it from China so I hope China does not achieve what it wants it to because something with China will result in economic collapse.
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Broly46
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April 15, 2020, 05:47:38 PM |
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The optimism is very strong, personally I wouldn’t want it to come to this point, it’s not that China are moving forward, but it’s about the rest of the world are going backward, to the point that they’re slowly losing the position even without China moving at all. What sort of crisis are you referring? The market is recovering insanely, there is no crisis to be seem, except self isolation, identity crisis I supposed?
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Self hating nerd that want to escape from reality into the cyberpunk.
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avikz
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April 15, 2020, 06:08:32 PM |
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As we see everyday many people are dying every day in Europe and America and their economy is going down every day and economy specialties are guessing that the USA will lose his position as economy king and china will take over and we are already seeing that china economy didn't drop much and there already making money in this crisis.
Nope! China wouldn't rule the world in economic front. Even though they have the capability, but their credibility in the world market is pretty low. Also China government strongly believes in the centralized power system which made their citi3live under a dictatorship. With this outlook, it's very hard for the remaining world to adopt them. Also post this Covid-19 time, their credibility goes down further! USA will remain the king in economic front as well as military front while we will see country like India rise up to the level of super power because their policies are more friendly in terms of international relations and cheap labour is in abundance!
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fiulpro
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April 15, 2020, 06:22:20 PM |
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Certainly not , I do know that the second wave is going to be coming soon but at the same time they will have more control over it . China have turned out to be the biggest country which is supplying equipments to other countries being affected by the Corona virus , even though China and India had a long history , not a good one at that , the president actually informed the committee that they will think about opening trades with China since most of the things are being imported from there. I have heard a lot of comments about China but I do think , they have been trying to help where they can , Chinese doctors are going around helping other countries , I do think the situation is Preety good for them on the outside. Who knows ? US is not the superpower anymore and even if we might think that the economic situation in China is flourishing , the general public is actually suffering . It will still take them years to take over the USD. Since right now 0.14 USD - 1 yuan
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Chrystora123
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April 15, 2020, 06:24:04 PM |
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snip..
You could say this is a strategy of China to control the entire world economy and make America all the more collapse in the economy, but I can't help thinking that this co-19 was made by China to damage the whole world and I say this is purely from viruses that are spread accidentally and not a scientific creation. sorry.. I never said that this virus is a Chinese creation, I myself even created a thread that confirms that the COVID-19 (SARS-COV-2 virus) is purely from nature.. what I mean is, hopefully, China doesn't take the opportunity of this "PANDEMIC" to control the world economy, because the COVID-19 Virus has been predicted by scientists to occur in the future, but until now the researchers didn't know where!!
btw.. Do you know why Trump stopped funding for WHO?? the reason is the US is suspicious that "WHO" is conspiring with China, Trump is disappointed with "WHO" who is too defending China and giving heresy consultation to the United States, so that the US population infected with COVID-19 is very severe..
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figmentofmyass
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April 15, 2020, 07:59:26 PM Last edit: April 15, 2020, 08:14:45 PM by figmentofmyass |
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As we see everyday many people are dying every day in Europe and America and their economy is going down every day and economy specialties are guessing that the USA will lose his position as economy king and china will take over and we are already seeing that china economy didn't drop much and there already making money in this crisis.
china's economic growth is completely dependent on exports. if the american and european economies shit the bed, who are they gonna sell their goods to? they will take china down with them. Moreover, they have made the US angry with the coronavirus and WHO scandal. With that in mind, we should pray there will be no WWIII.
trump is desperately trying to deflect blame for american incompetence onto the WHO and china. it's definitely conjuring up belligerent sentiment from westerners, who are eating it up by the spoonful. i'm seeing calls for military intervention in china now, even from prominent bitcoiners. aaron van virdum (technical editor, bitcoinmagazine) deleted the tweet but he said yesterday "It's time for the CCP to go, isn't it?" and a bunch of his followers chimed in support of american-imposed regime change in china. people become so rabid so quickly. just feed them a little propaganda and they become flag-waving war hawks.....
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dothebeats
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April 15, 2020, 08:13:35 PM |
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China is currently making moves of their own to progress as the world's superpower in terms of sheer economic size. They are selling test kits and other necessities to other severely-affected countries of COVID-19 and are continuing their research and drills on the disputed waters of the West Philippine Sea for oil and other natural resources. One can say that this whole thing is an elaborate plan to take over the world's helm as the top economic dog but that's without conclusive and substantial evidence yet. For now, we can see that it is their own economy right now which is robust enough to continue despite having been hit hard by this virus as of late. There's no doubt that they'll take the post, seeing that the US is having too much problems of their own that even their state governors are already cramming to make a decision as to whether they'll open their states for business or not.
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CHENIEN
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April 15, 2020, 11:24:53 PM |
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there is a possibility that China is the first place to be king of all products because of their population increase and definitely, it seems to be more miners compare to the other countries except that they have more fuel and oil which is available to use their equipment, through it, the production process is really fast and more people are surprised by their sudden gain from which is obviously that almost all products to be used in our country has made in the Republic of China.
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squatz1
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April 16, 2020, 12:16:14 AM |
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If we're talking about gdp, China have a far way to go.
It might be important to note that I think apple are moving taxable operations back to the US from the Irish Republic so we might see their gdp go up quite a bit if other companies follow too.
China always had a high number of exports before now, everything used to be produced in China and since they became in to getting more money (or having their reputation drop) more things I've noticed here are being assembled in the EU from being printed in China, Bangladesh or Thailand.
Ya have a source on this? I know that Apple was repatriating some money -- maybe in the realm of $50-100b or so due to the tax law changes which they thought were worthwhile to bring money back. Though I don't think they're going to bring ALL on the book operations back to the US. If they do, all that means is that the US government is going to have more tax funds and the lawyers at Apple have decided it makes the most economic sense to do as they need the cash here ASAP. If not: They don't need the cash here and they foresee another tax change or repatriation period sometime soon.
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philipma1957
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April 16, 2020, 12:21:51 AM |
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Trump is trying to get the US reopened as soon as possible, which should limit the economic hit it's going to take (though who knows if it's too soon as far as the outbreak is concerned), and I don't think the US in general is going to get killed economically when all is said and done. So if that's the case, I don't think China will end up more dominant than it already is--but that scenario certainly could happen. China is a huge country with a lot of citizens and a booming economy.
Also, I think this "crisis" is going to end up being shorter than most people realize. It seems like life has changed permanently around the world, but this isn't going to last forever. I don't even think it's going to last more than a few more months, but we'll see.
US will pull plants out of China use india and mexico more. maybe thailand and philippines. china will take a hit on manufacturing goods for other companies in other countries. the interesting thing will be does iPhone drop and hauwei phone increase? This virus 🦠 shows a lot of world wide weakness in supply chains ⛓. It will be interesting to see how things shift about.
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Lorence.xD
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April 16, 2020, 03:11:06 AM |
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The reason that they are spearheading the economy right now is because they are the first to recover in pandemic, they are also a leading producer of many commodities so it is not questionable that they are getting a good money out of it. Another thing is that they also bought a lot stocks when the prices are downed so that sure gives an advantage. The other thing about it is that they will not become an economy leader in awhile but if their conquest to complete the new global trade route then they will surely become one.
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Subbir
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April 16, 2020, 03:49:47 AM |
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I think China can control the planet because the king of the economy after the crisis is over when China's crisis has come in check and therefore the Chinese economy is going to be fed. China can help the entire country overcome this crisis. China will lead the economy of each country they're going to help one another to stop this crisis.
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