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Topic: China economy and how they handle Covid-19. - page 8. (Read 1165 times)

copper member
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Merit: 3071
https://bit.ly/387FXHi lightning theory
Where's the delusion China is communist with everyone?

There affect on other economies and minimising spread to other countries wasn't like this though (effective) and they should've started their lockdown a lot sooner, are they still in lockdown also? Most European countries are transitioning out - maybe people were right about China being worse affected than weve been made to believe (I think 20 million sim contracts went cancelled around the peak afaik)...
sr. member
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First 100% Liquid Stablecoin Backed by Gold
We all know that the root of this pandemic are those Chinese people who eats exotic food. The first case of Covid-19 was in Wuhan, China, the markets there are in a lockdown and closed after they try to sell horseshoe bat where the new strand of corona virus came from. We all know that China has a strong and rich economy due to their love for money.

China's approach toward this virus is really precise and effective as they are minimizing the rate of transmission of this Covid-19. They are effectively slowing the number of cases and right now, they have only 415 active cases as of June 28, 2020, based on this link https://en.wikipedia.org/wiki/COVID-19_pandemic.

Maybe the factors that help them to have a stable economy are:
1. Chinese people are really disciplined, they are not going outside but still can pay taxes.
2. They strictly following the rules and laws implemented by the government.
3. The government is prioritizing the health sector above all other sectors.
4. Properly allocating the budget for this pandemic.
5. We all know that China is the number 1, manufacturer of face masks, gloves, alcohol, and test kits.

By that factors, these will help them handle this Covid-19 properly and as well as controlling their economy to prevent some downward movement. Being a communist and huge country is really a good advantage as they control how money regulates in their country. Man power toward production of goods are really strong as they have the largest population.

Do you think each and every country can achieve this kind of approach to this pandemic? Can they recover faster from this struggle economically?
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