Topic: China’s second corona wave can it crush it’s economy? - page 3. (Read 1512 times)

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.

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.

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


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


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

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

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

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...

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.

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.

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.

I think you should look for some companies which deal with disinfection, because you can not handle with it. For example, I just do wet cleaning several times a day, as well as minimal contact with people, and I feel calm.

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....

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"

That can't be accurate China recorded 11 new cases today.
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.

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.

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.

 Hi friends, If we have already started talking about this, then I have a question: how do you clean up during quarantine? Possibly disinfecting the rooms? What does it take? I was very interested in this issue because I want to stay healthy, please give some advice)

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 .

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.

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 today.

If you look in that aspect the Corona virus is not that dangerous if you compare the mortality rate, it is not as dangerous as Rabies who have a very very high mortality rate but that is not the problem with Corona virus but the way in which it is spreading rapidly is the problem, if the second wave becomes uncontrollable then the amount of hospital beds wont be sufficient and so is the reason many countries propose complete lock down to prevent that kind of spread.

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.