After the pandemic ends the world is going to have a shift in powers. With hubs like Hong Kong and New York affected most with the virus and the trade wars already looming over the heads of most influential powers such as the US and China, there has been a complete shift in demand, consumption and supply chains.
Even though it is extremely easy to move textile industries as well as garment manufacturing amongst other, it is still nt so easy to move semi conductor manufacturing immediately out of China as it involves a lot of key manufacturing and highly technical processes some of which are patented to use only in China. Hence it is important to understand to keep trade wars at bay and focus on regional economy.
With the pandemic in order people are now thinking of migrating to their home countries as they have now lost faith in Governments and they feel ore secure in rural areas with less dense population and safety from corona virus. This will also create a power shift in the economy.
AS much as World leaders like it to shift powers as the world is moving toward an autocratic society, we still have to understand that is it still one world, one planet we live on, hence it is in the best interest for us to keep our trust and faith in each other and keep going as thats the only way the confidence of the investors will remain.
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