[ad_1]
The coronavirus has given China a boost. According to the analysis carried out by the Center for Economic and Business Research (Cebr), the country of Xi Jinping will surpass the United States and it will become the world’s largest economy in 2028. This is the annual report summary released on December 26. But there is more because the forecast sees Chinese growth in advance compared to the five years previously estimated. The acceleration is in fact Covid’s fault. In essence, the cause of the anticipated “overtaking” is the different and divergent recovery trajectory after the pandemic.
“The Covid-19 Pandemic, Relative Economic Effects, and the Difference in law enforcement policies“The virus, the report says, has definitely” brought down the rivalry “between Washington and Beijing in favor of China. All this is due, therefore, to Beijing’s ability to respond to the emergency with a complete, rigorous and timely blockade. A conclusion that raises some suspicion, so much so that Dagospia writes: “Then the West will be screwed.”
[ad_2]
