how has covid affected trade between China and the world
Answers
Answer:
Coronavirus has disrupted global value chains that connect producers across multiple countries.
Comparative figures between the first two months of 2019 and the first two months of 2020 reveal a collapse in Chinese trade with the EU and US.
Researchers have studied data from China to see which imports and exports have been the most affected.
The COVID-19 pandemic is now expected to trigger the worst economic downturn since the Great Depression. Many argue it could unravel globalisation altogether.
Globalisation relies on complex links – global value chains (GVCs) – that connect producers across multiple countries. These producers often use highly specialised intermediate goods, or “inputs”, produced by only one distant, overseas supplier. COVID-19 has severely disrupted these links.
MARK AS BRAINLIEST
China was trustworthy when it came to business. Now you never know on which surface of the things we buy online has the virus . How do know whether what you are buying online Isn’t coming from China or was it bought and kept in Your country from China? It has become very dangerous for All of us.