Friday, April 10, 2020

Next China: The new abnormal - btbirkett@gmail.com - Gmail

Next China: The new abnormal - btbirkett@gmail.com - Gmail



Some countries are already taking steps to lure back manufacturing. Tokyo this week set aside $2 billion to help subsidize Japanese companies that want to move their manufacturing from China back home.
If this is the start of a trend, the future could look very different.

....“The coronavirus is more lethal and devastating to people who have preexisting conditions and vulnerabilities,” he said in a Thursday phone interview. “And it turns out that the U.S. had a set of preexisting conditions that made us more vulnerable: A dysfunctional government, a polarized media, inaccessible health care and pervasive financial insecurity and need.”

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