China benefits 5 ways with coronavirus

Every country is suspecting China for the outbreak of Covid-19 virus. All nations in the world are facing grim situation at their level.

Coronavirus is just reverse many economies of the nations. It exposes the health related issues of many developed nations including United States and Europe. Though they developed but not able to handle the situation in emergencies. China is the country seems to enjoy and relax after facing early covid-19 outbreak.

Reportedly, China is going to be benefit five ways after coronavirus. 1. Hoarding food grains when the world faces potential famine, 2. Giving funds and takes control of W.H.O to control other platforms, 3. Stockpiling cheap crude oil after causing an oil price crash in International markets, 4. Hostile taking over of damaged companies using global economic crisis and lastly, selling of medical technology to affected nations after making them sick with coronavirus.

China imports of crude oil rose by 4.5% in March alone when entire world announced lockdown and fight against pandemic virus. When affected nations spend their money on Health care development, China stockpiled crude oil with cheap rates. China decides to donate $30 million to W.H.O. Chinese investments in W.H.O. increased rapidly after United States turned down funding to W.H.O. This is the $20mn additional commitment for China to world health body. Earlier, US is the largest fund contributor of W.H.O. China is using the situation in its favor. China is becoming the biggest donor to W.H.O. By this way, China took control on World Health Organization. Coronavirus is the only problem for many nations but China pandemic virus becomes least priority.

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