Why China Will be the Big Winner of the 2020 Crisis
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This 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.
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📚 Want to learn more about the economy of China? We recommend reading "China's Economy: What Everyone Needs to Know", by Arthur Kroeber
👉 https://amzn.to/3cLoFSm (as an Amazon Associate, we earn from qualifying purchases)
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#Economics #Recession #DebtTrapDiplomacy
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Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained
The video you’re watching right now would not exist without the monthly support provided by our generous Patrons:
Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas
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References -
Were, A., 2018. Debt trap? Chinese loans and Africa's development options.
Money printer meme video - https://youtu.be/O1hCLBTD5RM
Brautigam, D., 2020. A critical look at Chinese ‘debt-trap diplomacy’: The rise of a meme. Area Development and Policy
Bajo, C.B.S. and Roelants, B., 2011. Capital and the debt trap. Hampshire: Palgrave Macmillan
Olson, D.L. and Wu, D., 2011. Risk management models for supply chain: a scenario analysis of outsourcing to China. Supply Chain Management: An International Journal
Aiyar, M.S., Duval, M.R.A., Puy, M.D., Wu, M.Y. and Zhang, M.L., 2013. Growth slowdowns and the middle-income trap (No. 13-71). International Monetary Fund.
Woo, W.T., 2012. China meets the middle-income trap: the large potholes in the road to catching-up. Journal of Chinese Economic and Business Studies
Articles -
https://www.forbes.com/sites/willyshih/2019/08/26/trade-china-supply-chains-trump-ordered-companies-alternative-manufacturing-factories-china/#2ec1d3364e37
https://asia.nikkei.com/Spotlight/Multinationals-reroute-supply-chains-from-China-for-good
https://edition.cnn.com/2020/03/23/perspectives/index.html
https://www.washingtonexaminer.com/policy/economy/accelerates-push-to-move-supply-chains-out-of-china
Видео Why China Will be the Big Winner of the 2020 Crisis канала Economics Explained
See new videos early, participate in exclusive Q&As, and more!
➡️ https://www.patreon.com/EconomicsExplained
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
This 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.
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
📚 Want to learn more about the economy of China? We recommend reading "China's Economy: What Everyone Needs to Know", by Arthur Kroeber
👉 https://amzn.to/3cLoFSm (as an Amazon Associate, we earn from qualifying purchases)
Enjoyed the video? Comment below! 💬
⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee
⭑ Enjoyed? Hit the like button! 👍
Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g
✉️ Business Enquiries → EconomicsExplained@ibg.yt
Follow EE on social media:
Twitter 🐦 → https://twitter.com/EconomicsEx
Facebook → https://www.facebook.com/EconomicsEx
Instagram → https://www.instagram.com/EconomicsExplained
Discord → https://discord.gg/MJGcTH6
#Economics #Recession #DebtTrapDiplomacy
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏
Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained
The video you’re watching right now would not exist without the monthly support provided by our generous Patrons:
Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
References -
Were, A., 2018. Debt trap? Chinese loans and Africa's development options.
Money printer meme video - https://youtu.be/O1hCLBTD5RM
Brautigam, D., 2020. A critical look at Chinese ‘debt-trap diplomacy’: The rise of a meme. Area Development and Policy
Bajo, C.B.S. and Roelants, B., 2011. Capital and the debt trap. Hampshire: Palgrave Macmillan
Olson, D.L. and Wu, D., 2011. Risk management models for supply chain: a scenario analysis of outsourcing to China. Supply Chain Management: An International Journal
Aiyar, M.S., Duval, M.R.A., Puy, M.D., Wu, M.Y. and Zhang, M.L., 2013. Growth slowdowns and the middle-income trap (No. 13-71). International Monetary Fund.
Woo, W.T., 2012. China meets the middle-income trap: the large potholes in the road to catching-up. Journal of Chinese Economic and Business Studies
Articles -
https://www.forbes.com/sites/willyshih/2019/08/26/trade-china-supply-chains-trump-ordered-companies-alternative-manufacturing-factories-china/#2ec1d3364e37
https://asia.nikkei.com/Spotlight/Multinationals-reroute-supply-chains-from-China-for-good
https://edition.cnn.com/2020/03/23/perspectives/index.html
https://www.washingtonexaminer.com/policy/economy/accelerates-push-to-move-supply-chains-out-of-china
Видео Why China Will be the Big Winner of the 2020 Crisis канала Economics Explained
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