China is set to be the world’s only major country that will see its economy grow in 2020.
For those paying attention, this could have been easy to predict.
But now it’s reality.
The Chinese Communist Party finished on top in 2020 at the expense of the entire world.
Unreal…China lied about Covid, the CCP tried to cover up their misdeeds with the help of the WHO, put the entire world at risk & yet…
“China will end this year as the only major country in the world to see its economy grow rather than shrink.” https://t.co/PCvlUpKdbJ
— Ford O'Connell (@FordOConnell) December 29, 2020
China is the only major country to see its economy grow in 2020.
I’m having a hard time finding the right companies to take advantage of this fast growing economy. Mix that with regulations and it’s tricky.
— Cam Iadeluca (@cameroniadeluca) December 29, 2020
China was the original epicenter of the virus, and the CCP had no problem lying about its severity and letting it spread across the globe.
And thanks to horrendous lockdowns that strangled the American and Western European economies, China has made tremendous gains in economic prowess.
Some even project 2020 will be a springboard for China to become the world’s largest economy in under a decade:
New: China is the only major country in the world to see its economy grow rather than shrink this year.
The global pandemic has made China even stronger and paved a way for It to become the world’s largest economy by 2028.
— Wars on the Brink (@WOTB07) December 29, 2020
Whether you believe the CCP intentionally released the virus or it was an accident, they certainly used COVID-19 to their advantage:
You can also thank governors and mayors who’ve decimated small businesses all across America which have caused possibly irreversible damage to the American economy:
— One America News (@OANN) December 24, 2020
— Laura Ingraham (@IngrahamAngle) December 28, 2020
This Christmas, I will be thinking of the businesses shut down due to Democrat lockdowns.
Right now, 110,000+ restaurants across America are closed.
Hundreds of thousands of workers are spending the holiday without an income.
Democrats are truly the Grinch who stole Christmas!
— Lance Gooden (@Lancegooden) December 24, 2020
Americans continue to struggle, yet Democrat grinches have no qualms destroying the livelihoods for millions of hard-working Patriots.
The only people to benefit are the blue grinches, multinational corporate CEOs, and the Chinese Communist Party.
Axios reported on China’s economic gains in 2020:
Why it matters: China is operating from a position of great strength, with an economy expected to grow by 8.4% in 2021. If President-elect Joe Biden views China as a “serious competitor,” then the competition will be fiercer during his presidency than at any point in history.
What they’re saying: “However many times you hear the China growth story, it continues to have the capacity to shock and amaze,” says Columbia historian Adam Tooze. “In scale and speed it is unlike any previous experience.”
By the numbers: China’s economy is projected to grow by 2% in 2020 and by another 8.4% in 2021. By the end of next year, its economy is expected to be 10.6% larger than it it was at the beginning of this year.
- By contrast, after shrinking by 3.6% this year and growing by a projected 4% next year, the U.S. economy is going to end 2021 just 0.25% larger than it was at the beginning of 2020.
What happened: Wuhan, China, was the first area in the world to get locked down in an attempt to get the coronavirus under control. Today, its nightclubs are packed with revelers, none of whom feel the need to wear masks or social distance.
The big picture: China managed to become a post-COVID economy within months of the virus striking.
- A Lancet study found that China made full and effective use of its centralized epidemic response system, as well as fresh memories of the SARS pandemic and a low incidence of nursing homes.
- The lockdown, which lasted 76 days in Wuhan, was particularly strict, with only one member of each household permitted to leave home every couple of days for necessary supplies. It was also accompanied by an effective and efficient nationwide contact-tracing program.
Today, China’s factories are operating above capacity, Sinovation Ventures CEO Kai-Fu Lee tells Axios from Beijing. They’re making up for pandemic-related reductions in manufacturing capacity in the rest of the world, as well as for the period of time they were shut down earlier this year.
The bottom line: China has never been stronger. It now anchors RCEP, the world’s largest free-trade area, while buying influence in the rest of the world through its Belt and Road Initiative.
- It will take all of Biden’s charm and diplomatic savvy to be able to put together a coalition capable of constraining China — or even just nudging it in a more U.S.-friendly direction.
The mainstream media wants America to cuddle up to China and pretty much beg the CCP for more U.S.-friendly policies.
You know Beijing Biden won’t have any problems bending the knee for Communist China.
And they know President Trump won’t back down.
Yet, many people want to remain locked down and continue to let the CCP become more powerful.
Until enough Americans say enough is enough, this trend will continue.