China will emerge from the coronavirus crisis stronger than the U.S., experts warn

[52051]

The coronavirus pandemic gripping the globe may have its origins in China, but experts say that current trends indicate the crisis will leave it in a much stronger position geopolitically relative to the United States.

“The Chinese are in a much stronger position than they have been coming out of any recent global crisis,” Ian Bremmer, president and founder of the Eurasia Group, told MarketWatch.

“They own most of the global medical supply chain. They’ve basically contained the virus through technology-powered, authoritarian surveillance, and they’ve leveraged this success by providing aid to Europe and emerging markets,” in the fight against COVID-19.

Even as China’s economy has taken a large hit from the outbreak, and will continue to suffer from falling global demand as it spreads throughout Europe and the United States, the country does appear to be opening for business, with the city of Wuhan — where the outbreak began in December — scheduled to lift its lockdown next week.


Carl Weinberg, founder and chief economist at High Frequency Economics, said in an interview that while it may be too early to declare the Chinese economic recovery underway, policy makers there appear to have a better handle of the situation. “The Chinese built a hospital with 2,000 beds in 10 days from start to finish,” he said. “They started building it in January before the pandemic was fully recognized. We’re way behind the curve on it.”

Meanwhile, the U.S.-China relationship has deteriorated in recent weeks, as Chinese and American leaders have sought to blame one another for the pandemic. On Tuesday, Sen. Josh Hawley of Missouri said there should be an international investigation “into the origins of the coronavirus,” and submitted legislation that calls for China to provide compensation for the economic impact.

Rising tensions, and what has so far been an American inability to stop the acceleration of new cases, are likely to lead to further decoupling of the U.S.-China economic relationship and push Europe into the arms of China, said Edward Alden, senior fellow at the Council on Foreign Relations.

“The pandemic is going to reinforce that the United States is simply not the highly functional, advanced role model it used to be,” he said in an interview. “The Europeans have, in the past, looked at the U.S. with a fair degree of awe,” because of its innovative companies, strong university system and the ability to attract highly skilled immigrants.

“We are on a trajectory now to have a worse outbreak than Italy,” he warned. “This is going to reinforce the impression that the U.S. has nothing to teach the rest of the world.”

The implications of what appears to be a pending geopolitical victory will be far-reaching for U.S. economy and businesses, said Eurasia Group’s Bremmer. “This will accelerate the deglobalization trend in data and manufacturing. It means that on issues like Huawei and 5G, the Europeans are less likely to follow the United States. And it increases the ability of the Chinese to follow its standards and join initiatives like One Belt, One Road,” a Chinese global development strategy.

There may still be time for the U.S. to get the crisis under control and save face on the global stage. Serious social distancing measures have only been in place for a little more than a week in the hardest-hit areas of the United States, so it remains to be seen what effect they will have on containing the virus to already known hot spots like New York City, or on slowing the spread of the virus in those places.

But with President Donald Trump announcing that he’d like to have the economy “opened up,” by the April 12 Easter holiday, he runs the risk of convincing his supporters that the dangers posed by the virus have passed, before we understand the scope of the problem.

“Right now Americans are believing the same thing about the crisis,” Bremmer said. “In four weeks time that might not be true. If half this country believes the crisis has passed, we’re going to have a lot more outbreaks.”

https://www.marketwatch.com/story/c...erts-warn-2020-03-24?siteid=yhoof2&yptr=yahoo

Like I said many many times before, just about any international crisis in the recent decades, China will come back even stronger, its not miracle, its simply because China and its economy power are very solid, can withhold crisis much better than tin-can economies.

Its very sad for the pathetic China haters, the above news are cited from investors and bankers, unlike you, they do serious research, and they need to put their money with the results of their research.

 

[Beidou2020]

This is what happened in 1945 when the US was the only country able to help the rest of the world. Same thing is happening now with China being the only country able to help the rest of the world.

Changing of the guard moment that will change the course of history forever.

@F-22Raptor @Hamartia Antidote @KAL-EL

 

[UKBengali]

The US has a liability in Trump and the Chinese will go someway to ameliorating the anger that the world will feel at them, if it turns out that they were the cause of Corona and then hid it for some time, as they are providing massive assistance to the world.

However to say that China will emerge as the indispensable power like US after WW2 is far too optimistic.

Chinese should stop "celebrating" as after this outbreak is over the whole world will want total transparency from them. If there is not then China should not expect business as usual with other countries. Chinese would be making a massive mistake if they think this will just "blow over" and even the countries sympathetic to them will join US/EU in wanting full transparency.

 

[beijingwalker]

China will emerge from the coronavirus crisis stronger than the U.S., experts warn
Chris Matthews
March.24 2020

China has, so far, won the propaganda battle over which superpower can best handle a pandemic

AFP/Getty Images

The coronavirus pandemic gripping the globe may have its origins in China, but experts say that current trends indicate the crisis will leave it in a much stronger position geopolitically relative to the United States.

“The Chinese are in a much stronger position than they have been coming out of any recent global crisis,” Ian Bremmer, president and founder of the Eurasia Group, told MarketWatch.

“They own most of the global medical supply chain. They’ve basically contained the virus through technology-powered, authoritarian surveillance, and they’ve leveraged this success by providing aid to Europe and emerging markets,” in the fight against COVID-19.

Even as China’s economy has taken a large hit from the outbreak, and will continue to suffer from falling global demand as it spreads throughout Europe and the United States, the country does appear to be opening for business, with the city of Wuhan — where the outbreak began in December — scheduled to lift its lockdown next week.


Carl Weinberg, founder and chief economist at High Frequency Economics, said in an interview that while it may be too early to declare the Chinese economic recovery underway, policy makers there appear to have a better handle of the situation. “The Chinese built a hospital with 2,000 beds in 10 days from start to finish,” he said. “They started building it in January before the pandemic was fully recognized. We’re way behind the curve on it.”

Meanwhile, the U.S.-China relationship has deteriorated in recent weeks, as Chinese and American leaders have sought to blame one another for the pandemic. On Tuesday, Sen. Josh Hawley of Missouri said there should be an international investigation “into the origins of the coronavirus,” and submitted legislation that calls for China to provide compensation for the economic impact.

Rising tensions, and what has so far been an American inability to stop the acceleration of new cases, are likely to lead to further decoupling of the U.S.-China economic relationship and push Europe into the arms of China, said Edward Alden, senior fellow at the Council on Foreign Relations.

“The pandemic is going to reinforce that the United States is simply not the highly functional, advanced role model it used to be,” he said in an interview. “The Europeans have, in the past, looked at the U.S. with a fair degree of awe,” because of its innovative companies, strong university system and the ability to attract highly skilled immigrants.

“We are on a trajectory now to have a worse outbreak than Italy,” he warned. “This is going to reinforce the impression that the U.S. has nothing to teach the rest of the world.”

The implications of what appears to be a pending geopolitical victory will be far-reaching for U.S. economy and businesses, said Eurasia Group’s Bremmer. “This will accelerate the deglobalization trend in data and manufacturing. It means that on issues like Huawei and 5G, the Europeans are less likely to follow the United States. And it increases the ability of the Chinese to follow its standards and join initiatives like One Belt, One Road,” a Chinese global development strategy.

There may still be time for the U.S. to get the crisis under control and save face on the global stage. Serious social distancing measures have only been in place for a little more than a week in the hardest-hit areas of the United States, so it remains to be seen what effect they will have on containing the virus to already known hot spots like New York City, or on slowing the spread of the virus in those places.

But with President Donald Trump announcing that he’d like to have the economy “opened up,” by the April 12 Easter holiday, he runs the risk of convincing his supporters that the dangers posed by the virus have passed, before we understand the scope of the problem.

“Right now Americans are believing the same thing about the crisis,” Bremmer said. “In four weeks time that might not be true. If half this country believes the crisis has passed, we’re going to have a lot more outbreaks.”

https://www.marketwatch.com/story/c...-stronger-than-the-us-experts-warn-2020-03-24

 

[beijingwalker]

Another Virus Victim: The U.S. as a Global Leader in a Time of Crisis

The United States led the world’s response to other epidemics, like Ebola and AIDS. But a more nationalist United States is ceding leadership on this virus to China.

President Trump and his coronavirus task force briefing the press in the White House this week.

Published March 20, 2020Updated March 22, 2020

BRUSSELS — In the name of “America First,” President Trump has pulled out of the Paris climate agreement and questioned the usefulness of the United Nations and NATO, displaying his distaste for the multinational institutions the United States had constructed and led since World War II.

As the coronavirus crisis escalates across the globe, the United States is stepping back further, abandoning its longtime role as a generous global leader able to coordinate an ambitious, multinational response to a worldwide emergency.

During both the economic meltdown in 2008 and the Ebola crisis of 2014, the United States assumed the role of global coordinator of responses — sometimes imperfectly, but with the acceptance and gratitude of its allies and even its foes.

In 2003, President George W. Bush established a program, the President’s Emergency Plan for AIDS Relief, that has provided as much as $90 billion and is considered the largest single effort against a single disease. It is credited for saving many thousands of lives in Africa alone.

But the United States is not taking those kinds of steps today.

“There is from President Trump’s America a selfishness that is new,’’ said Jan Techau, a senior fellow at the German Marshall Fund in Berlin. While all nations act to protect themselves, he said, the United States traditionally saw that responsibility as having a broader reach.

With Mr. Trump’s unembellished nationalism and slogan of “America First,’’ his efforts to blame first China and then Europe for the coronavirus, and his various misstatements of fact, “it means that America no longer serves the planet,’’ Mr. Techau said.

“America was always strong on self-interest but it has been very generous,” he said. “That generosity seems to be gone, and that’s bad news for the world.’’

The pandemic is hardly at its peak, so judgments should be tempered, said Claudia Major, an analyst of international security at the German Institute for International and Security Affairs in Berlin. “But this crisis is confirmation of a structural change in U.S. political leadership,’’ she said.

“There is no U.S. global leadership and no U.S. model,’’ Ms. Major added. “Success would be that you manage the pandemic at home, rally allies around you, lead the alliance, supply global public goods and organize the global response, as with Ebola.”

Instead, American institutions “don’t seem to be able to cope at home,” she said, and there is “a Trump response to act alone.’’

The United States did provide some early aid to China. But in general, the administration has left even close allies to fend for themselves. Mr. Trump has defended his ban on all travel from the European Union, but he did not bother to consult with European leaders or even give them advance notice.

The United States has the leadership of the Group of 7 industrialized countries this year, but it was the energetic French president, Emmanuel Macron, who called Mr. Trump twice in 10 days to suggest a G-7 virus summit by videoconference. Mr. Trump agreed, but left Mr. Macron to organize it.

Germans and Europeans generally are angry about accusations from German officials that the Trump administration, and reportedly Mr. Trump himself, offered $1 billion to a German pharmaceutical company, Cure-Vac, to buy monopoly rights to a potential Covid-19 vaccine.

The White House denies the accusations and the company has denied receiving a takeover offer. But its lead investor made clear there was some kind of approach.

Whatever the reality, “the point is that people think Trump is capable of that,’’ Ms. Major said. “That’s where we’ve arrived in the trans-Atlantic relationship, that people say, ‘Yes, that sounds right for the American president.’ ’’

Peter Westmacott, a former British ambassador to Washington, said, “Most of us see the crisis in terms of what it means for our families, our livelihoods and the future of our own country.’’

“But obviously we are also looking at how others are dealing with the situation,” he continued. “Seen from a distance, Trump’s performance has pretty much confirmed the views people over here already had of him — that it’s all about ‘me,’ with no acceptance of responsibility for earlier failures.’’

The suggestion that Mr. Trump tried to buy out the German company, “true or not, did not play well in the European media,” Mr. Westmacott said. “It felt more ‘America first’ than America in its traditional role of a big-hearted great power.’’

The contrast is to China, which made huge mistakes at the onset of the crisis, but since then appears to have managed it effectively, using harsh quarantine measures others are studying.

China is also now sending aid — needed respiratory and surgical masks, ventilators and medical personnel — to Italy and Serbia, which have condemned their European allies for not providing early and efficient help.

On Wednesday, China offered the European Union as a whole two million surgical masks, 200,000 advanced N95 masks and 50,000 testing kits. On Friday, China sent several million masks to Belgium.

The Chinese billionaire Jack Ma has even offered aid to the United States, promising to send 500,000 virus test kits and a million protective masks.

“There is a serious battle of narratives,’’ Ms. Major said. “And the Chinese have become good at what was once America’s tool, soft power.’’

The Chinese, she said, are “trying to make everyone forget that a lot of what we’re experiencing is because of their domestic failure.’’

So even as China provides aid to Italy and Serbia, she said, “it is asking, ‘Where are your European friends?’ and giving the impression that China acts, is coordinating, leads.’’

But the United States, she said, “seems unwilling or unable to lead.’’

To many European friends, the American domestic response is disheartening.

The United States “seems at least as fragmented as the European Union, if not more so,’’ said Marietje Schaake, a former European legislator now at Stanford University’s Cyber Policy Center.

“The U.S. looks more fragile in part because it lacks the social structures we have in Europe,” she added. “There is comfort in knowing that there is a bottom, a net that will catch you.’’

Ms. Schaake is most worried “about a breakdown of what holds society together, and the risk is bigger in the U.S. than in Europe,’’ she said. “I would wish there would be more constructive coordination instead of shouting matches and rhetoric like Trump’s, denying the problems, while a country like Germany says that if their vaccine succeeds it will be for everyone.’’

As for the European Union, it is struggling to keep its own internal borders open to free trade, let alone travel, and preserve the principles of the single market that are the heart of the bloc. Some wonder if passport-free travel will ever again be the same.

Tim King, the former editor of “European Voice,” writing in Politico, suggested that the crisis marked a “hasty dismantling of what took decades of painstaking negotiation to construct.”

But it may also be the moment, he wrote, when the European Union begins to become “a more sophisticated and mature political authority,’’ as it moves to relax its rules to deal more effectively with the crisis.

In retrospect, the crisis may also mark a moment of fundamental global shift.

“What will this mean in five years for great-power competition?” asked Ms. Major. “In 10 years will we say, ‘This is the moment that China rose and the U.S. declined,’ or will the U.S. rebound?”

In the past, the United States has rebounded, even if slow out of the starting gate.

That was true in both World Wars, when the country’s efforts to remain separated from the rest of the world by an ocean were replaced by strong commitments from the government and the society to win wars and become, as President Franklin Delano Roosevelt put it, “the arsenal of democracy.’’

“The tone seems to have changed, despite some unrealistic claims about the availability of new tests, with less bluster and a bit more leadership,’’ he said.

And the capacity of the United States for medical research is unparalleled in the world.

Stefano Stefanini, a former Italian diplomat, was struck by the size of the emergency funding that Congress was so quickly preparing.

“For a country that struggled with Obamacare, it’s huge,’’ he said. “This is also part of the real American greatness, the capacity to act boldly when something happens.’’

Mr. Westmacott, the former British ambassador, sees a new seriousness in Mr. Trump over the last few days.

https://www.nytimes.com/2020/03/20/world/europe/trump-leadership-coronavirus-united-states.html

 

[Path-Finder]

where is the internet sena?

 

[beijingwalker]

Tiny virus called US superpower bluff.

 

[Pakistan Space Agency]

Can I just ask, did China impose lockdown in Hubei only or in the entire country?

 

[Khanivore]

When you have people in power who want to isolate your country from rest of the world because they hate globalization, they hate freedom and democratic values, they hate anyone who is different to them... the result is, we will have a divided world which will be in chaos, if not already.

Countries will look towards China indeed.

 

[beijingwalker]

Can I just ask, did China impose lockdown in Hubei only or in the entire country?

No one can go in or out of Hubei, other places had very strict quarantine imposed. checkpoints are set up at the entrance of every neighborhood, only people living in their own respective neighorhoods with the card issued by the neighborhood commitee can enter. body temperature is frequently checked every time you go in or come out.

 

[Pakistan Space Agency]

No one can go in or out of Hubei, other places had very strict quarantine imposed. checkpoints are set up at the entrance of every neighborhood, only people living in their own respective neighorhoods with the card issued by the neighborhood commitee can enter. body temperature is frequently checked every time you go in or come out.

Is that everywhere in China outside of Hubei province?

 

[ZeEa5KPul]

China will not "emerge" stronger, China is stronger. What this pandemic has done is underline that fact.

 

[sinait]

The US has a liability in Trump and the Chinese will go someway to ameliorating the anger that the world will feel at them, if it turns out that they were the cause of Corona and then hid it for some time, as they are providing massive assistance to the world.

However to say that China will emerge as the indispensable power like US after WW2 is far too optimistic.

Chinese should stop "celebrating" as after this outbreak is over the whole world will want total transparency from them. If there is not then China should not expect business as usual with other countries. Chinese would be making a massive mistake if they think this will just "blow over" and even the countries sympathetic to them will join US/EU in wanting full transparency.

Why wait, the US is not going to admit that COVID-19 originate in the US and that they hid it from the world, killing thousands and caused massive economic losses.

H1N1 is confirmed from the US and killed "Additionally, CDC estimated that 151,700-575,400 people worldwide died from (H1N1)pdm09 virus infection during the first year the virus circulated."
You should go VENT YOUR ANGER on the US NOW instead of licking white balls.
.

 

[beijingwalker]

Is that everywhere in China outside of Hubei province?

Yes, everywhere, it's just war time situation, even in the remotest place on the top of Pammir mountains, once in a life time experience.

See how Xinjiang, the remotest province in China, imposed the quarantine, many police officers fainted due to long hours of quarantine enforcement jobs around the clock.

https://defence.pk/pdf/threads/xinj...wuhan-over-46000-medics-sent-to-wuhan.655232/

 

[Pakistan Space Agency]

Yes, everywhere, it's just war time situation, even in the remotest place on the top of Pammir mountains, once in a life time experience.

https://defence.pk/pdf/threads/xinj...wuhan-over-46000-medics-sent-to-wuhan.655232/

Its strange that we only hear two place names, Wuhan and Hubei from mainland China.