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Western manufacturing jobs. Furthermore, the disinflationary impact of Chinese imports prompted the Federal Reserve’s disastrous easy money policy
added by Anonymous 669 days ago 0    0

Anyone wishing to understand the rise of modern populism and the origins of Trump’s trade wars should read Stewart Paterson’s tour de force China, Trade and Power
added by Anonymous 671 days ago 0    0

True and impacted a lot on world economy which ready to increament os almost everything thing in some countries. And even now the impact is still there in some countries
added by 1001249430 682 days ago 0    0

Surely this Pandemic has affected a big number of people's jobs even though to some it was an advantage but that's it.
added by 1001108090 1310 days ago 1    0

yes actually i was watching a documentary on ALJAZERA very many millions of people globally have lost their earning potential ,its my prayer they get to know and be enrolled in safe zone so they change their lives
added by Anonymous 1314 days ago 0    0

Globally today millions of workers have lost their jobs and they are frustrated because they have been just spending but not earning due to pendamic disease
added by Anonymous 1317 days ago 0    0

It's really true due this fluctuation in business era as caused by the pandamic has significantly contribute to the downfall of many businesses.
added by Anonymous 1317 days ago 0    0

The arrival of the new technology and competition amangst countries has made many people lose their jobs, because people have new ldeas and they want to be on top of the other in producing the best whivh has brought up many changes in the world thus loss of jobs by most people
added by 1000965722 1317 days ago 0    0

Replacement of many jobs with machines especially in the manufacturing part has totally made many people lose their jobs
added by Anonymous 1317 days ago 0    0

I 100% agree with this for the reason being that these jobs have been replaced by the machines which were introduced by the Chinese hence millions of jobs were lost.
added by 1001108989 1317 days ago 0    0

Yes due to the effects of covid19 pandemic , and lockdown caused most so no way business could operate yet all nations closed boarders , that's why most western manufacturers lost business.
added by Anonymous 1317 days ago 0    0

MILLIONS OF WESTERN MANUFACTURING JOBS WERE LOST
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After joining the WTO in 2001, China’s mercantilist policies led to the loss of millions of Western manufacturing jobs. Furthermore, the disinflationary impact of Chinese imports prompted the Federal Reserve’s disastrous easy money policy. Anyone wishing to understand the rise of modern populism and the origins of Trump’s trade wars should read Stewart Paterson’s tour de force China, Trade and Power

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Jobs were not lost after China joined the WTO, most companies collapsed dur to high cost of production attributed with higher wages and high electricity costs as compared to cheaper production costs in China and most Western countries goods were unable to compete with the Chinese goods hence leading to loss of Jobs as various companies shifted to China.
added by Anonymous 990 days ago 0    0