Sometimes as a rational thinker, I've tried to wrap my head around how China has been able to sustain their economy with an estimated GDP growth of 3.00 percent and per CAPITAL GDP of 18187.98 USD, Especially owing to the fact that, they have to much people heavily dependent on her economy and population of over 1.400 billion people.
I see a lot of countries with much lesser population struggling to sustain their economy at this point, with global inflation, the after effect of COVID-19 other multi-dimensional economic problems. Because I can remember vividly that China, are one of the highest hit of COVID-19 but yet they are still waxing stronger economically.
The other day, Pawal7777 was talking about recession hitting CANADA, and that's how other countries are having one difficulty here and there economically. So my point is, what economical indices is china adopting to keep their economy afloat?
Source: https://www.google.com/search?q=what+the+current+GDP+of+china&oq=what+the+current+GDP+of+china+&aqs=chrome..69i57j0i22i30l2j0i390i650.14687j1j4&client=ms-android-xiaomi-rev1&sourceid=chrome-mobile&ie=UTF-8
They are producing everything in China. Even the US manufacturers are going to China for the production due to lower production costs. Also, they are giving loans to every country. If you check country-wise bitcoin holdings, China has higher bitcoin holdings. Other things are they can create any virus and control the world population. They can create the medication for that as well. So they can be the next powerful country in the world.I see a lot of countries with much lesser population struggling to sustain their economy at this point, with global inflation, the after effect of COVID-19 other multi-dimensional economic problems. Because I can remember vividly that China, are one of the highest hit of COVID-19 but yet they are still waxing stronger economically.
The other day, Pawal7777 was talking about recession hitting CANADA, and that's how other countries are having one difficulty here and there economically. So my point is, what economical indices is china adopting to keep their economy afloat?
Source: https://www.google.com/search?q=what+the+current+GDP+of+china&oq=what+the+current+GDP+of+china+&aqs=chrome..69i57j0i22i30l2j0i390i650.14687j1j4&client=ms-android-xiaomi-rev1&sourceid=chrome-mobile&ie=UTF-8