While the world fights the coronavirus pandemic, China is fighting a propaganda war. Beijing’s war aim is simple: shift away from China all blame for the outbreak, the botched initial response, and its early spread into the broader world. At stake is China’s global reputation, as well as the potential of a fundamental shift away from China for trade and manufacturing.
“More broadly, the pandemic of 2020 has brought doubts about globalization into the mainstream. Decades of open borders, unceasing intercontinental travel, study abroad, just-in-time inventory systems, and the like have created unexpected vulnerabilities in populations and economies thanks to unfettered openness. To worry about such weaknesses is not to adopt a Luddite reactionary stance, but to try and salvage the bases of the post-World War II global economic architecture.
“Those who assumed that global markets were the optimal economic model and would always work, now have to consider whether globalization is the best system for dealing with pandemics like coronavirus, let alone old-fashioned state power plays like China imposed on Japan back in 2010, when it blocked the export of rare-earth minerals over territorial disputes in the East China Sea. Perhaps the biggest long-term economic effect of coronavirus will be on long-standing assumptions about global supply chains.
“Because of the way the global economy has developed since 1980, to question globalization today is in large part to question the world’s relationship to China. As Sens. Marco Rubio and Tom Cotton have pointed out, America and the world have a prudential responsibility to reconsider their dependence on China.”