Idle factories, quarantines and other stringent measures to contain the spread of Covid-19 have disrupted global supply chains. What impact will the coronavirus have on the relationship between the United States and China? Which economy will bounce back faster, and will the pandemic give either country an edge in the power game?
The U.S. and China signed a phase one trade deal early this year, but the outbreak has reignited the friction between the world's two biggest economies. The U.S. and some other governments have also been urging companies to shift their supply chains home, or to other Asian countries. Can the U.S. and China still cooperate for their mutual benefit while managing these differences? Will Covid-19 bring radical changes to the globalisation trend of recent decades? Will the world become more divided in its attitude to globalisation?
Oxford University Professor of Globalisation and Development Ian Goldin will share with us his insights into the changes that Covid-19 may bring to the supply chain, globalisation trends and the global economic order.
Twitter account @ian_goldin
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