China in the post-Covid order: implications for the EU and Italian business interests
The Covid-19 crisis is rocking the world economy, and in the wake, no less, of an already partially underway “de-globalization” process. The diversification – and possible fragmentation – of the global supply chain presents a major challenge to the Chinese economy, but it is not at all certain that it will have such drastically negative effects on global growth, since there are a great many companies (including some Italian ones) interested today in breaking into the Chinese market, and Chinese companies interested in diversifying trade partnerships.