After huge buys in December, improrts cratered in Jan/Feb but March, April has them back at essentially the same levels as 2018-2019.
If the rest of the industirialized world doesn’t quickly do the same China will have successfully destroyed them by exporting their virus covertly in Dec, Jan, Feb covertly and with complicity by the WHO.
Yes, there is some risk but the rest of the Industrialized world will lose WWIII without firing a single shot if they do not quickly do the same and China will emerge as the world’s largest economy and sole economic superpower.
I don’t buy into the conspiracy theories that this was an engineered bioweapon; However the facts clearly demonstrate they most likely made sure it would leak out of China to the rest of the industrialized world so as to bring the rest down with them knowing China would be the first to recover.
This allows them to not only avoid any significant loss of market share due to their own losses in GDP but also ensures they end up gaining, at least in the short term.
They are I think counting on most of the world being too gutless to hold them truly accountable for the damage they wrought on the rest of thy world in doing so.
You don’t wreck the market upon which you rely, and China has not developed enough internal demand to make up for the reduced demand that will come from the rest of the world because of this.
You fail so many times with your predictions because you think in terms of good and evil, which are empty, vacuous terms when trying to describe how people…and governments…behave in real life.
Yes and imagine if there was some multi-lateral framework for dealing with China if they were indeed trying to do as the OP described, of which the United States could be a reliable and trusted leader?
Imagine the US leading this via the philosophy of enlightened shared interests as opposed to “why aren’t you paying your fair share? I’m tired of carrying you!”
The only hope China had of not losing huge market share along with their losses in GDP was if the rest of the industrialized world suffered equally or more from the pandemic that ravaged their central provinces surrounding Wuhan and Wuhan itself.
The Chinese have made a decades long study of how the US became the world’s Arsenal, Leading Industrial Power and both Economic and Military Super powers.
We did it by suffering fractional losses compared to the other major powers in both WW’s and by supplying not only the bulk of their war making ability but in providing everything they needed but labor to rebuild after both wars.
The leaders in China are evil but they are not stupid and they play the long and short games better than any other gov’t on the planet.
Then…add to this that China and the WHO said that there wasn’t any indication of person to person transmission and kept that lie until January 21st/22nd. During that time, they purchased much of the world’s medical supplies that protect people from this virus…IF…there was actually person to person transmission and did so for pennies per mask. Now they are attempting to sell these same medical supplies at astronomical figures. The Chinese government truly is an evil regime that I hope the whole world turns on…especially the good people of China.
the question is not did they allow the virus to escape into the rest of the world, we know they did. There is no other plausible reason for them to have hidden it and lied about it except to allow it. the question is why would they do what we know they did do.