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Virus Could Remake Global Business; China Fights War On Perception
The world economy could be very different once the pandemic ends, and major shifts are already taking place. Japan has launched a $220 million subsidy program to move businesses out of China and into Southeast Asia, India is setting aside over 460,000 hectares of land and is looking to lure more than 1,000 US companies out of China, and other markets are moving away from China in similar ways. As businesses move abroad, new jobs will be created in countries from India to the United States, and manufacturing will return to the world outside China. The change could lead to new economies growing, while the Chinese regime declines. And as the United States and other nations continue to push for investigations into China for the coverup of the virus outbreak, and to search for the origin of the virus, the Chinese regime is pushing back with a large-scale disinformation campaign. These stories and more in this episode of Crossroads.