China is better equipped to deal with both the health and economic fallouts because they have a large centralized government which still controls a large part of their economy. In the US, unemployment may very well go through the roof as private businesses collapse. But the Chinese state isn’t going anywhere. A furloughed Chinese state employee will simply walk back to his job and continue earning as before. They have economic peace of mind Americans no longer have, so we should see less disruption on Chinese demand coming out of this crisis.
In the rush to privatize everything in the 80s and 90s, Western governments have simply lost control and have no tools to deal with national scale crises like 2008 or 2020. As for jobs being outsourced, you should know this wouldn’t have happened if the State still owned those industries.
Maybe it is time to realize this whole “economic liberalization” idea the US has been pushing down the throats of the rest of the world (often at gunpoint) isn’t what is advertized and doesn’t even work in the US. There is much about China’s mixed state capitalist approach we can all learn from.
![[航空动力总成] 军民航发全面自研国产 – 美国随时制裁](https://www.zgzl2050.com/wp-content/uploads/2020/02/image-36-200x120.png "[航空动力总成] 军民航发全面自研国产 – 美国随时制裁")
![[孟晚舟] 2018 华为首席财务官孟晚舟被捕 (加拿大-美国) [On-Going]](https://www.zgzl2050.com/wp-content/uploads/2020/04/image-111-200x120.png "[孟晚舟] 2018 华为首席财务官孟晚舟被捕 (加拿大-美国) [On-Going]")
![🔽【掐脖子】[现状] [CHIPS] 中国光刻机现状 [华为+中芯国际封锁，其他手机没事]](https://www.zgzl2050.com/wp-content/uploads/2020/03/image-99-200x120.png "🔽【掐脖子】[现状] [CHIPS] 中国光刻机现状 [华为+中芯国际封锁，其他手机没事]")
中新社北京5月7日电 (记者 李晓喻)疫情之下4月中国出口数据意外“爆冷门”，8.2%的同比增幅不仅扭转了3月-3.5%的下降态势，也大大高于去年同期3.1%的增速。此间专家称，4月中国出口大幅反弹主要因为前期在手订单进入执行高峰，欧美订单被取消对中国出口的影响或将在未来几个月内逐步显现。
据中国海关总署7日公布的最新数据，4月中国出口总值1.41万亿元(人民币，下同)，同比增长8.2%；按美元计同比增长3.5%。因出口大增，进口下降，4月当月中国贸易顺差3181.5亿元，增加2.6倍。
https://www.toutiao.com/a6824050448463299079/
湖北今年一季度GDP比上年同期下降39.2%
https://news.sina.com.cn/c/2020-04-21/doc-iirczymi7605709.shtml
国家统计局：一季度国内生产总值206504亿元 同比下降6.8%
2020.04.17 10:01:25央视
今天（17日）上午，国务院新闻办公室举行新闻发布会，介绍2020年一季度国民经济运行情况。国家统计局国民经济综合统计司司长、新闻发言人毛盛勇在现场介绍，经初步核算，一季度国内生产总值206504亿元，按可比价格计算，同比下降6.8%。分产业看，第一产业增加值10186亿元，下降3.2%；第二产业增加值73638亿元，下降9.6%；第三产业增加值122680亿元，下降5.2%。
https://news.sina.cn/gn/2020-04-17/detail-iirczymi6882167.d.html
Coronavirus: who will be winners and losers in new world order?
https://www.theguardian.com/world/2020/apr/11/coronavirus-who-will-be-winners-and-losers-in-new-world-order
China’s Corporates Are Gearing Up in Europe for M&A Bargains
China’s Corporates Are Gearing Up in Europe for M&A Bargains
https://www.bloomberg.com/news/articles/2020-04-07/china-s-corporates-are-gearing-up-in-europe-for-m-a-bargains
China is better equipped to deal with both the health and economic fallouts because they have a large centralized government which still controls a large part of their economy. In the US, unemployment may very well go through the roof as private businesses collapse. But the Chinese state isn’t going anywhere. A furloughed Chinese state employee will simply walk back to his job and continue earning as before. They have economic peace of mind Americans no longer have, so we should see less disruption on Chinese demand coming out of this crisis.
In the rush to privatize everything in the 80s and 90s, Western governments have simply lost control and have no tools to deal with national scale crises like 2008 or 2020. As for jobs being outsourced, you should know this wouldn’t have happened if the State still owned those industries.
Maybe it is time to realize this whole “economic liberalization” idea the US has been pushing down the throats of the rest of the world (often at gunpoint) isn’t what is advertized and doesn’t even work in the US. There is much about China’s mixed state capitalist approach we can all learn from.
https://www.marketwatch.com/story/china-will-emerge-from-the-coronavirus-crisis-stronger-than-the-us-experts-warn-2020-03-24
China will emerge from the coronavirus crisis stronger than the U.S., experts warn
https://www.marketwatch.com/story/china-will-emerge-from-the-coronavirus-crisis-stronger-than-the-us-experts-warn-2020-03-24
https://www.forbes.com/sites/halahtouryalai/2020/02/01/china-then-and-now-why-coronavirus-is-a-bigger-threat-to-global-economy-than-previous-outbreaks/#1a6a0f2e74e6