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Bloomberg Businessweek Weekend - June 14th, 2024
Bloomberg Businessweek
Global Supply Chain Crisis and China's Impact on the Economy
12min Snip
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The chapter features an interview with a journalist discussing the global supply chain crisis, exploring the impact of the pandemic on essential items and the reliance on container shipping. The conversation delves into China's entry into the WTO, the push for its acceptance, and the consequences on human rights and democracy. The chapter also addresses the concentration of power in shipping, deregulation effects on pricing power, and impacts on sectors like agriculture during supply chain disruptions.
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