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VisualPolitik EN “talk about politics, economics and things that are happening all around the world.”
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The coronavirus has taught us one thing: we depend a lot on China. Over the past few decades, China has become the world’s factory. It doesn’t matter that Chinese salaries have grown markedly: China continues to offer many advantages for manufacturing: a network of quality suppliers, infrastructure, and skilled labor.
The problem with this dependence is that any natural disaster (such as a pandemic) could potentially leave everyone with no supplies of essential commodities such as masks or respirators.
To this, we must add all types of political issues: from the Trump trade war to the seizing of Hong Kong; many governments want to restrict trade with China. Does this mean that China is going to be isolated from the international market? Is this the end of globalization? In this video we’re going to tell you.
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In This Story: China
China is the third largest country in the world by area and the largest country in the world by population. Properly known as the People’s Republic of China, the political territory of the country includes the former nations of Tibet and Hong Kong.
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Donald John Trump is the 45th and current president of the United States. Before entering politics, he was a businessman and television personality. Trump was born and raised in Queens, a borough of New York City, and received a bachelor’s degree in economics from the Wharton School.