Post
Topic
Board Economics
Re: Is corona virus crisis changing economical equations around the world?
by
Smartprofit
on 29/11/2020, 19:40:50 UTC
Some major countries are facing crisis created by corona virus, meanwhile few others have controlled it successfully. Can this pandemic change economical and political status of countries?

In my opinion, in terms of geopolitics, China has benefited from the coronavirus pandemic.  The Chinese took control of the epidemic very quickly. 

Now the Chinese are actively testing the currency of the Central Bank of China (CBDC).  They are actively introducing new financial technologies, as well as artificial intelligence and big data.  China controls most of the Bitcoin and Ethereum hashrate. 

During the Covid-19 pandemic, the collective consciousness of the Chinese proved to be more effective than the individualism of Westerners.