World Trade and so called "Free trade Deals" are supposed to mitigate the chances of World Wars.
Super powers can hold proxy wars in places like Syria instead.
Anyway in 2001, the year of nine-eleven, China became a member of the World Trade Organisation.
Putting many Western workers in a position of competing with millions of Chinese workers.
In Australia consumers benefited from a mining construction boom alongside increasing Chinese imports which deflated our costs, while slowly putting local manufacturers out of business.
Containerised shipping helped that trade along.
If you want to rebuild that local industry you would need extra red tape.
Local content rules and tariffs so that consumers pay more for their goods with less choice.
Today with the supply chain held up some businesses will be looking for other overseas suppliers and might shift their buying to other countries.
Probably depends on how quickly China responds to getting their factories pumping out goods again.
With reports that many workers can't get back to the factories after the Lunar New Year holiday due to local travel restrictions. They are stuck in villages.
Maybe something will be done about that soon and they will be rounded up and bused to their workplaces.
