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\nWhy China Will be the Big Winner of the 2020 Crisis\n

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\n\nPublisher:\n\nEconomics Explained\n\n\n
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\nThis is China, what is still the world's foremost industrial economy has apparently been knocked down a peg as it emerged into the new decade.There has been wild speculation about companies divesting from the country as a response to the...\nThis is China, what is still the world's foremost industrial economy has apparently been knocked down a peg as it emerged into the new decade.

There has been wild speculation about companies divesting from the country as a response to the critical flaws in supply chains that have been brought to light. The world today is heavily reliant on China to manufacture almost everything we take for granted in our modern lives.

Report’s of companies desperately looking for supply chain alternatives and speculation about countries that are going to move in to take their place have been all over the news, and perhaps there is some merit to this speculation, but a lot of this may be un-grounded in genuine economics and rather just be the product of things people want to be true.\n
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Resource Details

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Educator Rating
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Media Length
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16:05
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Grade
9th - Higher Ed
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Subjects
Social Studies & History
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Media Type
Instructional Videos
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Source:
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\nEconomics Explained\n\n
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Date
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2020
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Language
English
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Audiences
For Teacher Use
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Usage Permissions
Fine Print: Educational Use
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Concepts

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real estate, debt, economy, manufacturing, companies, workers, africa, countries, governments
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why china will be the big winner of the pandemic, china economy, china debt trap, how the pandemic helps china, how the coronavirus helps china, how covid19 helps china, does covid help chinas economy, does coronavirus help chinas economy, does the pandemic help chinas economy, the economics of the coronavirus, the economics of covid, the economics of covid19, the economics of the 2020 pandemic, the economics of the pandemic, economics explained, supply chains, united states, cheap labour, chinese currency, companies desperately, speculation, people, nations, world, quickly, position, longer, year, today, dollars, country, true, make, lose, back, times
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Best For: Explaining a topic
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