Would you believe it? As per the recent study in the end of the year 2018, China accounted 28 percent of global manufacturing output in 2018. That puts the country more than 10 percentage points ahead of the United States, which used to have the world’s largest manufacturing sector until China overtook in 2010. One of the reasons companies manufacture their products in China is because of the abundance of lower-wage workers available in the country. China has been accused of artificially depressing the value of its currency in order to keep the price of its goods lower than those produced by U.S. competitors.
Because of the high volume of materials and resins ordered by Chinese companies, the pricing would be as low as it could be. Labor is abundant and cheap in China because even though 300,000 have risen into the middle class and above, this still leaves one billion people living at the poverty level.
There have been lot of discussions going on boycotting china and Chinese products. The more recent reason relates to the 2019–20 coronavirus pandemic. The strain of coronavirus originated from China and spread around the world, creating a crisis that led to widespread criticism of the chinese government, due to its behavior of hiding real figures, including deliberately destroying evidence about the initial coronavirus outbreak. Due to this outbreak there have been more than 4,343,251 coronavirus cases, 292,913 deaths and around 1,604,559 have been recovered across the world. Get the latest updates on Coronavirus here.
Countries including India, Philippines, and Vietnam have called for the boycott of Chinese goods, as have separatist movements in China itself. A full boycott of Chinese products would be difficult to achieve, as the country is responsible for the assembly of a high number of goods that are widely sold and used across the world.
US president Donald Trump regularly pats himself on the back for announcing travel restrictions on China as the novel coronavirus emerged in January 2020. Before the caseload in the United States exploded, Trump attributed what he considered a small number of cases to that decision. Even as deaths from covid-19 in the United States started to soar, he said he saved lives by imposing what he calls a “ban” on China.
The World Health Organization has cautioned against such travel restrictions, saying they are ineffective against a virus and in the long run counterproductive. Trump, according to news reports, was initially skeptical and worried about provoking China after signing a major trade deal. But his national security and public health experts convinced him that the move would buy time to put in place effective prevention and testing measures.
Italy, which is also a member of the more powerful Group of Seven and the world’s eighth-largest economy, banned all flights to and from China on Jan. 31 2020 but did not single out noncitizens. Australia, the 14th-largest economy, imposed an entry ban on all foreign nationals who have left or transited through mainland China, effective Feb. 1.
Here is the complete list of countires, which have imposed significant restrictions on chinese products.
Though, there is evidence that Coronavirus started from Wuhan, China but there are no evidence that this virus was man made and purposely spread. Probably, the news is fake and this is specially to hamper chinese government and its product.
We cannot completely band chinese goods, but we can take steps to achieve balance of trade and to reduce our dependencies on chinese products. Every country needs to improve their manufacturing culture to produce goods at cheaper prices like China. It is good for any country to be self-sufficient as much as possible.
Please provide your feedback on “Should China and chinese products be banned?“