కరోనా వైరస్ చైనాలో పుట్టడమే ప్రపంచం కొంప ముంచింది, ఎందుకో తెలుసా?||Why China Corona impacted world||
The damage wrought by the virus has been severe from the start not only because of its virulent nature, but also the fact that the epidemic originated in Wuhan city in Hubei province of China. Three features have characterised the transformation of the world economy in the years since the 1980s. First, large parts of manufacturing production have exploited the liberalisation of trade and investment rules to move out of the erstwhile centres of industrial capitalism in the West and Japan, to relocate to new sites that deliver cost advantages, especially in the form of a reserve of cheap labour.
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కరోనా వైరస్ చైనాలో పుట్టడమే ప్రపంచం కొంప ముంచింది, ఎందుకో తెలుసా?||Why China Corona impacted world|| The damage wrought by the virus has been severe from the start not only because of its virulent nature, but also the fact that the epidemic originated in Wuhan city in Hubei province of China. Three features have characterised the transformation of the world economy in the years since the 1980s. First, large parts of manufacturing production have exploited the liberalisation of trade and investment rules to move out of the erstwhile centres of industrial capitalism in the West and Japan, to relocate to new sites that deliver cost advantages, especially in the form of a reserve of cheap labour.