(Video) Rajya Sabha TV (RSTV) The Big Picture: Confronting World's Dependence on China

Topic: Confronting World's Dependence on China

Guest:

• Srikanth Kondapalli, (Professor, Center For East Asian Studies, JNU)
• Vishnu Prakash, (Former Ambassador)
• Subhomoy Bhattacharjee, (Consulting Editor, Business Standard)

Topic Description:

The Coronavirus pandemic is forcing global companies to diversify their manufacturing away from China to other emerging and frontier markets. This pivot became particularly urgent since the outbreak of COVID-19 wreaked havoc on China-based supply chains, exposing the world’s over dependence on China. The supply shock has hit corporate revenues hard due to lost output, sparking a recession.

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Courtesy: RSTV