European and U.S. #stockmarkets witnessed a drastic decline in early March, meanwhile #Ashares was seriously undervalued. With the #epidemic in China well under control, people tend to believe that China is becoming a safe haven for international capital. mp.weixin.qq.com/s/8edgneBka6_u…
Currently, the number of infections in the United States has been setting new records, while the capital market fluctuated significantly. However, global capital has been flowing to the United States on a large scale. Who is the safe haven after all?
China's #GDP per capita still lags behind the global average, which means that the share of China in the world economy will rise further, and the share of Europe, U.S. and other countries will probably decline.
The Chinese economy saw an upward trend from 1980,which may continue to last for 100 years. China is the biggest driver of global economic growth. Therefore, "de-sinicization" is supposed to be a delusion.
But China must strive to take the initiative and find ways to further integrate into the global economy. In this regard, China cannot rely solely on preferential policies but on deep reform and opening up.
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