Protectionism Spreads Globally With the New Coronavirus - News Summed Up

Protectionism Spreads Globally With the New Coronavirus


Leading market economies are erecting new walls against foreign investment and suspicious trade practices, spurred by coronavirus-triggered economic upheaval and China’s increasing assertiveness. Since the health and economic crises struck, free-market countries world-wide have pumped out trillions of dollars in subsidies and have enhanced their defenses against foreigners bargain-hunting prized companies in sectors including technology, mining and pharmaceuticals.


Source: Wall Street Journal May 29, 2020 19:07 UTC



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