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Video link: https://www.pbs.org/newshour/show/how-chinas-novel-coronavirus-outbreak-is-disrupting-the-global-supply-chain(Links to an external site.) Questions: Reflect on the role of China in the global economy. Why might the global health crisis associated
Video link:
https://www.pbs.org/newshour/show/how-chinas-novel-coronavirus-outbreak-is-disrupting-the-global-supply-chain(Links to an external site.)
Questions:
- Reflect on the role of China in the global economy. Why might the global health crisis associated with the novel coronavirus trigger a global economic crisis?
- What steps can companies that import from China or export to China do to protect themselves from the fallout out associated with disruptions in trade occurring as a result of the recent coronavirus outbreak? Is this a warning sign that companies need to diversify their markets, production, and supply chains?
- Discuss the recent coronavirus crisis and its potential effect on foreign companies with manufacturing facilities, retail outlets, or offices in China. What ethical responsibility do companies have to their employees and customers in China? What is the responsibility of companies to other stakeholders such as investors or workers in other countries?
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