How the Economy Will Look After the Coronavirus Pandemic

The pandemic will change the economic and financial order forever. 

A More China-Centric Globalization

The COVID-19 pandemic will accelerate a change that had already begun: a move away from U.S.-centric globalization to a more China-centric globalization.
The COVID-19 pandemic will accelerate a change that had already begun: a move away from U.S.-centric globalization to a more China-centric globalization.
Why will this trend continue? The American population has lost faith in globalization and international trade. Free trade agreements are toxic, with or without U.S. President Donald Trump. By contrast, China has not lost faith. Why not? There are deeper historical reasons. Chinese leaders now know well that China’s century of humiliation from 1842 to 1949 was a result of its own complacency and a futile effort by its leaders to cut it off from the world. By contrast, the past few decades of economic resurgence were a result of global engagement. The Chinese people have also experienced an explosion of cultural confidence. They believe they can compete anywhere.
Consequently, as I document in my new book, Has China Won?, the United States has two choices. If its primary goal is to maintain global primacy, it will have to engage in a zero-sum geopolitical contest, politically and economically, with China. However, if the goal of the United States is to improve the well-being of the American people—whose social condition has deteriorated—it should cooperate with China. Wiser counsel would suggest that cooperation would be the better choice. However, given the toxic U.S. political environment toward China, wiser counsel may not prevail.
we are the China factory, We mainly export various wedge-shaped filter screens and filter products. During the economic depression, we are willing to share trade with various overseas countries and promote each other's economic development. Are you willing to import products from China? If you can, you can click on our website and let us start trading
  • QQ: 139 9664 212
  • WeChat: p2262368977
  • Address: Jinling Mansion 2-3-403, Yuhua Road, Shijiazhuang, Hebei, China

评论

发表评论

此博客中的热门博文

Who wins and who loses when oil prices fall?

图片
A slump in oil prices is normally a cause for celebration in gas-guzzling nations. The average American burns through 10 litres of oil or oil products per day in normal times. But for oil producing countries - the "global petropolis" - such a drop in the cost of crude can spell disaster, and hardship for millions. It's easy to see why oil is referred to as black gold. When the price was riding high, oil revenues filled the coffers of companies and governments in the countries that produce it. That kept people fed and public services flourishing. But now, having oil can be a curse rather than a blessing. Oil price falls to 18-year low as turmoil persists Record deal to cut oil output ends price war The International Energy Agency previously warned that Ecuador, Nigeria and Iraq could be worst hit, with earnings falling by between 50% and 85% - and that was assuming oil prices of $30 a barrel. Now, it's less than $20 a barrel. All their economies were under
more details

Wuhan declared free of Covid-19 as last patients leave hospital after months-long struggle against coronavirus

图片
The city of Wuhan, the initial epicentre of the coronavirus pandemic, no longer has any Covid-19 patients in hospital after the last 12 were discharged on Sunday. Their release ended a four-month nightmare for the city, where the disease was first detected in December. The number of patients being treated for Covid-19, the disease caused by a new coronavirus, peaked on February 18 at 38,020 – nearly 10,000 of whom were in severe or critical condition. “With the joint efforts of Wuhan and the national medical aid given to Hubei province, all cases of Covid-19 in Wuhan were cleared as of April 26,” Mi Feng, a spokesman for the National Health Commission said on Sunday afternoon. The announcement came only one day after the city discharged the last patient who had been in a severe condition. That patient also was the last severe case in Hubei province. The last patient discharged from Wuhan Chest Hospital, a 77-year-old man surnamed Ding, twice tested negative for Sars-CoV-2, the
more details

Filtration in the Food and Beverage Industries

图片
The production of food and beverages is an important, although by no means the largest, component of the separation equipment market. A review of this sector must begin with a definition of its content, which, fortunately, is reasonably precise, involving little overlap with other sectors. The major anomaly lies in the production of drinking water, strictly the largest of the beverages, but in fact so large as to be in an end-use sector of its own, and therefore not included here. Minor classification problems would include the production of fermentation ethanol, as a fuel or as a beverage (or an industrial chemical), and the use of animal or vegetable fats and oils for industrial purposes. The actual coverage by this article of the specific end-use applications is then as given in the following list, in the order used in the UK Standard Industrial Classification: • Processing of meat, fish and their solid products (excluding oils and fats). • Processing of fruit and vegetables and the
more details