China and share market

@Aakk77 (364)
December 23, 2022 2:03am CST
Can China’s fall in economy result in global recession? We all know how highly Chinese contribute to the global economy. Chinese economy after COVID is facing a possibility of probable fall. A fall of a giant can result in suppression of others dependent on it. Or even seemingly independent of it. How can we best tackle this upcoming economic issue? Remember - COVID at its peak and climate change - floods etc - could not completely destroy world economy. So can China do that? Remember china has no oil and most major MNCs have recently moved out from china. Thus, making China more dependent on itself in economic rise or fall since these MNCs profit is not so much linked with china’s economy any further. Is China a burst bubble which looks okay from far? Burst because MNCs left china. Plus, China’s many products are out of need of many nations. Recession at global level did not happen 1. With Chinese economy / share market collapse in near past. 2. With Russian war and oil prices high reach. China and Russia being deeply linked. 3. With COVID spread and millions of leaves /no job status. Plus millions of working class people deaths. 4. With aggressively at high speed MNCs leaving China 5. Other points like - ^^^ China has no oil. 6. With Chinese goods sales significant decrease recession at global level was not viewed / experienced. So how can a further decrease in this sale result in recession at global level. 7. With China currently fighting recession secretly - maybe. Is Chinese economy restricted to itself in its fall? The answer is Yes! * I am from India.
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1 response
@DaddyEvil (137232)
• United States
24 Dec 22
I don't know a lot about China. I do know China has invested heavily in the American economy and infrastructure. If China goes under for any reason, it can't help taking most of the US economy with it, in my opinion. (Remember, I only have a very limited knowledge about China.) I do know China has been ramping up their oil drilling proficiency since 2020 or 2021 but am not sure how quickly they could become self-sufficient, if that could happen at all.
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@Aakk77 (364)
24 Dec 22
@daddyevil what if USA goes down in economy. Will it then take China with it for the same reason - China has invested heavily in USA?
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@Aakk77 (364)
24 Dec 22
@daddyevil Do you know the top 10 foreign, non-communist, democratic, developed countries where China and Russia or Saudis has invested most and how much is this invested amount and what impact China can have by the economic fall of these all ..all of a sudden. Can we get correct numbers from these countries if not from China? About Africa and other developing countries we might not get right numbers - chances are high to it.
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@Aakk77 (364)
24 Dec 22
@DaddyEvil wow! It is 145 billion!!!
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