Coronavirus: Warning against ‘Made in China’ monopoly
Posted on March 28th, 2020

LIONEL RAJAPAKSE

Most countries in the world are experiencing a shortage of essentials. These include day-to-day household items, medical equipment, pharmaceuticals, food items, etc.

Luckily, only a couple of cities in China were locked down, due to the COVID-19 threat. If the whole of China had been locked down, there would have been a catastrophic situation in the world, which is dependent of Chinese products. COVID-19 has alerted the world to the danger of relying on one country for supplies.

Open economic policies have worsened this situation, especially in the developing world. Once a country opens its economy, domestic products of that country disappear from the market, and are replaced with cheap imports, mostly from China.

COVID-19 has sent a message to the developing nations: Don’t rely on China, or any other country, for that matter, for the products you can produce by yourselves. Grab this opportunity and start manufacturing whatever you can. Don’t be the victims of the open economy anymore.

LIONEL RAJAPAKSE

2 Responses to “Coronavirus: Warning against ‘Made in China’ monopoly”

  1. Gunasinghe Says:

    So true Raja. Call me some time.

  2. Gunasinghe Says:

    So true Raja. Call me some time.

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