{"id":2248,"date":"2020-03-24T04:58:09","date_gmt":"2020-03-24T04:58:09","guid":{"rendered":"https:\/\/www.maxlee.info\/blog\/?p=2248"},"modified":"2020-03-25T05:03:15","modified_gmt":"2020-03-25T05:03:15","slug":"china-will-emerge-from-the-coronavirus-crisis-stronger-than-the-u-s-experts-warn","status":"publish","type":"post","link":"https:\/\/www.maxlee.info\/blog\/news\/china-will-emerge-from-the-coronavirus-crisis-stronger-than-the-u-s-experts-warn\/","title":{"rendered":"China will emerge from the coronavirus crisis stronger than the U.S., experts warn"},"content":{"rendered":"<p><strong>China has, so far, won the propaganda battle over which superpower can best handle a pandemic<\/strong><\/p>\n<p><!--more--><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"\/blog\/wp-content\/uploads\/2020\/03\/us-china-trade-talk-1200x675.jpg\" alt=\"China will emerge from the coronavirus crisis stronger than the U.S., experts warn\" width=\"1200\" height=\"675\" class=\"alignleft size-large wp-image-2249\" srcset=\"https:\/\/www.maxlee.info\/blog\/wp-content\/uploads\/2020\/03\/us-china-trade-talk-1200x675.jpg 1200w, https:\/\/www.maxlee.info\/blog\/wp-content\/uploads\/2020\/03\/us-china-trade-talk-800x450.jpg 800w, https:\/\/www.maxlee.info\/blog\/wp-content\/uploads\/2020\/03\/us-china-trade-talk-768x432.jpg 768w, https:\/\/www.maxlee.info\/blog\/wp-content\/uploads\/2020\/03\/us-china-trade-talk.jpg 1320w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><\/p>\n<p>Published: March 24, 2020 at 4:28 p.m. ET, By Chris Matthews<\/p>\n<p>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.<\/p>\n<p>\u201cThe Chinese are in a much stronger position than they have been coming out of any recent global crisis,\u201d Ian Bremmer, president and founder of the Eurasia Group, told MarketWatch.<\/p>\n<p>\u201cThey own most of the global medical supply chain. They\u2019ve basically contained the virus through technology-powered, authoritarian surveillance, and they\u2019ve leveraged this success by providing aid to Europe and emerging markets,\u201d in the fight against COVID-19.<\/p>\n<p>Even as China\u2019s economy has taken a large hit from the outbreak, and <a href=\"https:\/\/www.marketwatch.com\/story\/no-chinas-economy-hasnt-gotten-better-the-implications-could-be-more-serious-than-investors-realize-2020-03-23?mod=article_inline\">will continue to suffer<\/a> 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 \u2014 where the outbreak began in December \u2014 scheduled to lift its lockdown next week.<\/p>\n<p>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. \u201cThe Chinese built a hospital with 2,000 beds in 10 days from start to finish,\u201d he said. \u201cThey started building it in January before the pandemic was fully recognized. We\u2019re way behind the curve on it.\u201d<\/p>\n<p>Meanwhile, the U.S.-China relationship has deteriorated in recent weeks, as Chinese and American leaders <a href=\"https:\/\/www.marketwatch.com\/story\/trumps-china-virus-rhetoric-and-what-it-means-for-us-china-trade-presidential-election-2020-03-21?mod=article_inline\">have sought to blame one another<\/a> for the pandemic. On Tuesday, Sen. Josh Hawley of Missouri said there should be an international investigation \u201cinto the origins of the coronavirus,\u201d and submitted legislation that calls for China to provide compensation for the economic impact.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">It&#39;s time for an international investigation into China&#39;s lies about the origins of <a href=\"https:\/\/twitter.com\/hashtag\/coronavirus?src=hash&amp;ref_src=twsrc%5Etfw\">#coronavirus<\/a>.<\/p>\n<p>China should be held to account and they should foot the bill for what the world, including the United States, is now suffering. <a href=\"https:\/\/t.co\/kRc4ILrfsX\">https:\/\/t.co\/kRc4ILrfsX<\/a><\/p>\n<p>&mdash; Senator Hawley Press Office (@SenHawleyPress) <a href=\"https:\/\/twitter.com\/SenHawleyPress\/status\/1242498591534481411?ref_src=twsrc%5Etfw\">March 24, 2020<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>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.<\/p>\n<p>\u201cThe pandemic is going to reinforce that the United States is simply not the highly functional, advanced role model it used to be,\u201d he said in an interview. \u201cThe Europeans have, in the past, looked at the U.S. with a fair degree of awe,\u201d because of its innovative companies, strong university system and the ability to attract highly skilled immigrants.<\/p>\n<p>\u201cWe are on a trajectory now to have a worse outbreak than Italy,\u201d he warned. \u201cThis is going to reinforce the impression that the U.S. has nothing to teach the rest of the world.\u201d<\/p>\n<p>The implications of what appears to be a pending geopolitical victory will be far-reaching for U.S. economy and businesses, said Eurasia Group\u2019s Bremmer. \u201cThis 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,\u201d a Chinese global development strategy.<\/p>\n<p>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.<\/p>\n<p>But with President Donald Trump announcing that he\u2019d like to have the economy \u201copened up,\u201d <a href=\"https:\/\/www.marketwatch.com\/story\/trump-urges-lawmakers-to-approve-coronavirus-deal-today-as-stocks-soar-2020-03-24?mod=article_inline\">by the April 12 Easter holiday<\/a>, 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.<\/p>\n<p>\u201cRight now Americans are believing the same thing about the crisis,\u201d Bremmer said. \u201cIn four weeks time that might not be true. If half this country believes the crisis has passed, we\u2019re going to have a lot more outbreaks.\u201d<\/p>\n<p>Souce: <a href=\"https:\/\/www.marketwatch.com\/story\/china-will-emerge-from-the-coronavirus-crisis-stronger-than-the-us-experts-warn-2020-03-24?mod=home-page\">www.marketwatch.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>China has, so far, won the propaganda battle over which superpower can best handle a pandemic<\/p>\n","protected":false},"author":1,"featured_media":2249,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16],"tags":[],"class_list":["post-2248","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/www.maxlee.info\/blog\/wp-json\/wp\/v2\/posts\/2248","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.maxlee.info\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.maxlee.info\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.maxlee.info\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.maxlee.info\/blog\/wp-json\/wp\/v2\/comments?post=2248"}],"version-history":[{"count":0,"href":"https:\/\/www.maxlee.info\/blog\/wp-json\/wp\/v2\/posts\/2248\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.maxlee.info\/blog\/wp-json\/wp\/v2\/media\/2249"}],"wp:attachment":[{"href":"https:\/\/www.maxlee.info\/blog\/wp-json\/wp\/v2\/media?parent=2248"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.maxlee.info\/blog\/wp-json\/wp\/v2\/categories?post=2248"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.maxlee.info\/blog\/wp-json\/wp\/v2\/tags?post=2248"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}