‘Covid-19 itself will not fundamentally reverse the fortunes of the Chinese economy but post-Covid geopolitics will. Beijing will find itself in a very different world, one dominated by an agenda of economic decoupling, disputes over the origin of the virus and compensation claims by the US and other countries.
‘As the US does not want to do business with China, its staunch allies, like Britain, Germany, France, Japan, Canada, Australia and New Zealand, have all followed suit. The US, EU and Japan are all planning to lure their companies out of China.’
Read here (South China Morning Post, May 17, 2020)
