Details

Autor(en) / Beteiligte

• Glantz, M. H.

Titel

China’s One Belt One Road (OBOR) Initiative and the Coronavirus Pandemic

Ist Teil von

• Problemy postsovetskogo prostranstva, 2020-06, Vol.7 (2), p.120-129

Ort / Verlag

Centre of Regional Research

Erscheinungsjahr

2020

Quelle

EZB Electronic Journals Library

Beschreibungen/Notizen

• The coronavirus (and the disease it causes, COVID-19) has proven to be a rolling crisis. Rolling in the sense that it began in central China and spread westward to the Indo-Pacific region toward Europe and at the same time eastward into North America. Its impacts have been felt most intensely, so far, in several emerging hotspots along the way, such as Spain and Italy. In a matter of a few months it became a truly global pandemic and economic crisis. It continues to spread to all inhabited continents. For China, where the coronavirus started as a national epidemic, the problems were two-fold: first the virus disrupted China’s manufacturing processes as workers became infected with a fast and easy-spreading coronavirus and, secondly, disrupted the supply chain as demand for its domestic and export goods and services rapidly decreased.