Macao is similar to a small Chinese town in terms of geographic size and population. However, this magical little place brought Western civilization to China. The whole south of China once relied on Macao as a gateway to the outside world.
The spread of COVID-19 around the world has caused global economic activity to stagnate and development to reverse, which has undoubtedly brought a great negative impact on Japan. For Japanese government, it’s still not easy to transfer overseas production chain back home.
Within a few weeks of identifying the novel coronavirus in January, medical masks quickly became one of the most sought-after commodities for their perceived protective powers, disappearing online and from store shelves around the world.
The new wave of COVID-19 Pandemic has not subsided, and the prevention and control measures taken by all countries are still ongoing. The globalization of the production chain has been largely blocked.
The economy showing biggest contraction since the Second World War, yet the markets take it