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Coronavirus Highlights Fragility of Global Supply Networks

Jaggaer

Since the outbreak of SARS in 2003, the last major epidemic to hit China, the country has become even more important as a source of key components and materials as well as finished consumer goods. China ’ s economy has grown in leaps and bounds from roughly 4% of world GDP in 2003 to 1 6% today. Pharmaceuticals. Automobiles.

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Interoceanic Passages

Abivin

Passages, capes, and straits are defined as geographical areas through which international shipping routes must transit. These routes are typically found connecting important marketplaces with active commercial trade systems, such as Western Europe, North America, and East Asia. Potential for closure or interruption.

Panama 52