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Topic: China’s second corona wave can it crush it’s economy? - page 7. (Read 1485 times)

legendary
Activity: 3024
Merit: 2148
Coronavirus will keep hurting China's and any other countries economy for quite some time, because new waves will be happening, but these waves will be smaller and smaller. If China didn't crumble from the original outbreak, it will not fall because of the second or third wave.
sr. member
Activity: 1400
Merit: 269
It's shocking i thought china planned the virus and already had the vaccine because they refuse to disclose research and data about Covid-19 to think that they have still been hit again by the second wave shows that china didn't really planned anything and US claims that china release the virus at Wuhan lab is really false.
member
Activity: 506
Merit: 11
It is not right to blame anyone for this virus Everyone is spending the day in crisis Who will help the economies of all countries are disrupted? But China will not suffer too much China as a developed country in the world did not suffer much. If the virus is cured China will easily return to its former location.
Yeah, i really really agree with you. Dont trust all the media, keep searching and prove the content so we can still thinking positively
hero member
Activity: 2604
Merit: 816
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I don't think this second wave of coronavirus in China will be a problem. Medical experts, doctors and nurses, did everything they can during the first coronavirus before, I'm sure they know how to handle such situations again. And another thing, the government of China is very tight with their lockdown. This will not affect their economy because the government won't let it.

We don't know if the second wave of coronavirus will happen or not because there is not a clue. And as what we see with coronavirus, there is no information when this virus explodes in Wuhan, and if there is any second wave of that, we still need to be careful and keep clean and healthy for ourselves. I think that is affected by their economy, whether it is big or small but yes, the government will make prevention if the virus still exists in their country. We hope that after this pandemic, everything can be back normal.
sr. member
Activity: 1148
Merit: 268
It is not right to blame anyone for this virus Everyone is spending the day in crisis Who will help the economies of all countries are disrupted? But China will not suffer too much China as a developed country in the world did not suffer much. If the virus is cured China will easily return to its former location.
sr. member
Activity: 1120
Merit: 272
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What I'm worried about are those poor countries. Their economy is more likely to be greatly affected by this virus.

Totally agree with you. China's economy will not be really in a terrible situation but 3rd/developing countries will.
Even my country as a 3rd country almost 100% will not do a lockdown for fear of economic problems that will arise if it is done later.

But I'm wondering since many people said that the spread of this virus began in China, can't the Chinese government be blamed for this? Shouldn't they also be responsible for the spread that is happening in other countries?

China is very resistant to economic crash as they are the no.1 manufacturer of products and goods around the world that's why it is easy for them to save their economy. My country is a 3rd world country and a developing country and the government here is not that really focusing on the economy, the authority focused on how its people will become more disciplined. We all know that all of the country's government affected by this virus is panicking as they are not ready in this pandemic. As this virus originated from them, I think there is a possibility that this is intentional but probably their main target is the US. We all know that for how many years the both of them are having conflict and arguments economically.
hero member
Activity: 2926
Merit: 567
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.
I read in one article that Japan wants their manufacturer in CVhina to transfer their production back home, China offers very cheap labor, that is why they become a home to all branded and top products for their manufacturing, but China can recover from this another wave of COVID they are a first world country,  they can spend billions of dollars just to combat this disease.
sr. member
Activity: 560
Merit: 250
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


That would be a necessary short-term plan for China. We can now see many countries now eager to reopen their economy soon, but opening too early will have very bad consequences for their country's future. I believe that if we do not immediately take a social isolation move against Wuhan in China, things will get worse for them, like the US is facing right now.
full member
Activity: 742
Merit: 160
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


That would be so hard for the China, there are already many people died in their country, after being recivered from the virus and then turning it back again is so really frustating, they will experience again being panic and afraid of what will happen to them and to their country, there are already so many businesses thst falls and if the virus turns back again the economy of the China will fall so hard.

They are just fresh from the virus and sad to say the virus visited them again, I hope thst there would be cure for this virus as soon as possible.
member
Activity: 616
Merit: 11
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Covid -19 is the wildest virus in the new history and more live' s were lost that almost no one was convicted of this unexpected impact and despite its all about war against virus and it has'nt been completely disappeared in fact,the world health government are still finding a way to stop and many more fight to survive,however ,in connection with this we had a new history about the second wave of corona virus which is came from the harbin city of northern china but I think the global economy is already alert for this situation and I believe people know how to blocked this.
member
Activity: 634
Merit: 10
I don't think this second wave of coronavirus in China will be a problem. Medical experts, doctors and nurses, did everything they can during the first coronavirus before, I'm sure they know how to handle such situations again. And another thing, the government of China is very tight with their lockdown. This will not affect their economy because the government won't let it.
member
Activity: 534
Merit: 19
No. It is quite clear that they do have the experience as they go for 2nd wave. They already know how to handle such situations and how to prevent spreading the virus.
sr. member
Activity: 1596
Merit: 335
Quote
They did successfully control the COVID-19 but their mistake is to allow people from overseas to enter their country which was what lead to the second case of COVID-19.

I've seen it in the news that they have lifted the lockdown in their country and people started going out to tourist spots and traveling. The government should have thought this out clearly because getting 0 cases doesn't necessarily mean that the virus is completely gone. However, since they have handled the first wave, they are prepared for sure if ever there are still some cases that might appear after lockdown. The problem is, it is inevitable that this will cause another spread in their country or worse more people will die.
hero member
Activity: 1834
Merit: 566
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


We can't be totally sure what they are saying is true or no. They won't even release half of their statistics publicly. Are they this desperate to win this economic war? I find it hilarious seeing them being surprised that the cases are rising back again. I mean, like what did they expect? And now they claim that all those "imported" cases. Lol, yeah we believe you China. 
The issue about the Chinese having another Covid-19 situation is truth but i don't think it will affect their economy as the article writer presume because they were able to manage their previous occasion and it wont be difficult for them to manage another .


I don't know what made them think that they have successfully bought everything under control. They even went this far allowing everyone to resume their daily activity as usual to make "everything normal" on their country.
They did successfully control the covid-19 but their mistake is allow people from overseas to enter their country which was what lead to the second case of covid-19.
copper member
Activity: 2968
Merit: 575
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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


We can't be totally sure what they are saying is true or no. They won't even release half of their statistics publicly. I don't know what made them think that they have successfully bought everything under control. They even went this far allowing everyone to resume their daily activity as usual to make "everything normal" on their country. Are they this desperate to win this economic war? I find it hilarious seeing them being surprised that the cases are rising back again. I mean, like what did they expect? And now they claim that all those "imported" cases. Lol, yeah we believe you China. 
legendary
Activity: 1806
Merit: 1521
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
member
Activity: 686
Merit: 15
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.
member
Activity: 506
Merit: 11
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
hero member
Activity: 1722
Merit: 528
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.
full member
Activity: 865
Merit: 104
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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?
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