China's top military officials and Indian defense intelligence observers analyzed that the strength of the American war declined sharply because COVID-19 was only 30%. Several countries took military action together to test the readiness of America when contracting a pandemic. China deployed to the South China Sea, Iran maneuvered in the Strait of Hormuz, Russia took action in Vladivostok, and no less North Korea. Many American aircraft carriers, US NAVY, are currently unable to sail anchor at sea in the Pacific due to Corona.
Unfortunately for US haters, this scenario is happening only in their head!
Even Coronavirus Couldn’t Stop the 2nd US Carrier Visit to VietnamIMO, It's possible that Yuan may replace USD after the covid19 pandemic where all nation's economy is suffering due to the global economic recession since as of the moment we are still in recession and only a few just started to open their economy and first of these was China. While we are still in recession China already started to recover and the US is still in a battle to defeat the pandemic and that makes China become ahead of us.
And, they opened and? They are manufacturing stuff for?
For Europe and the US who are still almost closed down and don't want anything?
This is the same bs the communist were feeding us before in the 80s, we were producing tons of things, every factory was breaking records after records, but nobody was buying our crap and we were dirt poor but we were producing things.
China’s manufacturing weaker in April as virus hurts exportsChina became the first major economy to reopen factories in March after the ruling Communist Party declared victory over the outbreak. But the United States, Europe and other major markets have yet to lift controls that are keeping consumers from spending.
A monthly purchasing managers’ index issued by business magazine Caixin slipped to 49.4 from March’s 50.1 on a 100-point scale on which scores below 50 indicate activity is contracting. A separate survey by the Chinese statistics bureau and an official industry group sank to 50.8 from the previous month’s 52.
The official survey’s sub-index for export orders plunged by 12.9 points to 33.5.
Both surveys showed employment weakening.
You don't have to be a genius to understand that you can produce 2000 pairs of socks next month, that doesn't mean you're a successful business until you manage to find somebody to sell to at a profit! You've opened your hotel, does it mean you will get $ as you used to? No, you need to have the same number of guests as before first!
The global economy is not as simple as that, lower demand in economies worth 30 trillion a year might hammer manufacturers in east Asia to bankruptcy, there is no winner here.