The world's top manufacturing country is threatened by alleged coronavirus responsibility which has caused one of the worst global economic stagnations and the deaths of more than 260,000 people.
Data from the United Nations put China above the United States as the world's top manufacturing country in 2010, and also noted that it accounted for 28% of global output in 2018.
Many U.S. companies have invested heavily in Chinese manufacturing and rely for a substantial chunk of their sales on China's 1.4 billion people.
The recent international pandemic that has caused incalculable damage to worldwide economies appears to have fuelled the already-existing skepticism in US politics around China.
According to officials familiar with U.S. planning who spoke this week to Reuters, the Donald Trump administration is now "Turbocharging" an initiative to rip China's global industrial supply chains as it weighs new tariffs in an attempt to punish Beijing for its handling of the COVID-19 outbreak.
Trump has accelerated his attacks on the Chinese government ahead of the presidential election on November 3, as he has long pledged to bring manufacturing back from overseas to the US.
The country's abundant coronavirus death toll and economic destruction played a crucial role in a government-wide push to shift production and supply chain dependency away from China.
Trump's China policy has been defined by tussles behind the scenes between pro-trade advisers and Chinese hawks; now the latter say their time is up.
"This is a perfect storm; the pandemic has crystallized all of the concerns people had about doing business with China," said a senior U.S. official.
Recent events have helped create a moral dilemma about doing business with China, and have made it possible for the country to become an easy target for political gain, as many condemn and recklessly attack.
The country is proving to be a political tool for triggering nationalist sentiments and gathering votes, as it remains to be seen whether these condemnations and threats will materialize in the post-pandemic era, as the White House pledges to punish China have not always been followed by action.
As things stand the U.S. is allegedly pushing to form an "Trusted Partners" alliance dubbed the "Economic Prosperity Network," one official implied.
Secretary of State Mike Pompeo has also been actively pushing the narrative of a global economic network deprived of China, as he implied on April 29 that his country was working with Australia, India, Japan, New Zealand, South Korea and Vietnam to "move the global economy forward." Latin America could also be involved in the picture, as Colombian Ambassador Francisco Santos claimed last month to be "moving the global economy forward"
Chamber of Commerce on a move to encourage U.S. businesses to rip some supply chains out of China and get them closer to home.
All parties appear to be on the same page at the moment, yet time will tell if the claims hold any truth once the dust clears and the elections are over, as China will continue to be one of the most profitable business partners worldwide.
"But we don't see a wholesale rush by firms doing business in China for exits."
Read the original article "China's undisputed production chain endangered by COVID-19 accountability" at https://www.dailysabah.com/world/asia-pacific/chinas-undisputed-manufacturing-chain-threatened-by-looming-covid-19-accountability