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    Billionaire Enrique Razon said that globalization as it currently exists is over due to the COVID-19 pandemic. He believes international trade and travel will be more restricted going forward as countries focus on national security and local production of essential goods. Razon also predicted that global supply chains will undergo a major overhaul as firms look to diversify their sources of production and reduce dependence on other countries.

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    Billionaire Enrique Razon said that globalization as it currently exists is over due to the COVID-19 pandemic. He believes international trade and travel will be more restricted going forward as countries focus on national security and local production of essential goods. Razon also predicted that global supply chains will undergo a major overhaul as firms look to diversify their sources of production and reduce dependence on other countries.

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    9 views1 page

    Op Ed Article

    Uploaded by

    ava ty
    Billionaire Enrique Razon said that globalization as it currently exists is over due to the COVID-19 pandemic. He believes international trade and travel will be more restricted going forward as countries focus on national security and local production of essential goods. Razon also predicted that global supply chains will undergo a major overhaul as firms look to diversify their sources of production and reduce dependence on other countries.

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    © All Rights Reserved
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    “Globalization as we know it is 'over' due to COVID-19, says billionaire Razon”

    by Cathy Yang and Joel Guinto, ABS-CBN News

    Reference: Cathy Yang and Joel Guinto, A. (2020). Globalization as we know it is

    'over' due to COVID-19, says billionaire Razon. Retrieved 19 August 2020, from

    https://news.abs-cbn.com/business/04/22/20/globalization-as-we-know-it-is-over-

    due-to-covid-19-says-billionaire-razon

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