Challenges post COVID19

The pandemic has left the economies of all countries  in doldrums. With the supply chains disrupted, many countries banning China and most countries starting home production, the economic state of finances are in an extremely in competitive state. The biggest challenge most corporations are facing are due to the fact that they have spent almost the last decade trying to  excel supply chains and finding the best manufacturer in China, however post COVID19 era they now have to move to home production and the state of home production does not look very rosy.
The pharmaceutical industry are desperately trying to move their production to either Vietnam or Philippines and other such nation states which can ensure quality of production and are yet cheap.  Production moving towards more politically independent countries thc trade agreement. The United states not being part of it. Mexico and Canada are a part however.  The formation of regional nexus is therefore inevitable.

 producing countries now realise that they have to sell where they produce whether it is tractors or semiconductors. You now have to be close to the place where you sell in order to give the customers the confidence that in the event of another breakout you would be there to support them. Also another dilemma most corporations face is that if their parts are coming from China, it also affects your stock market positions.

The dilemmas that a corporation in America faces are no different than the ones faced in China. It is only better for economies to not fall in the economic trap and create bubbles to expedite trade even in the wake of the pandemic and continue business AS USUAL