FILE PHOTO: French Finance Minister Bruno Le Maire reacts after his New Year address to France's economic officials and the media at the Bercy Finance Ministry in Paris, France, January 7, 2020. REUTERS/Charles Platiau/File Photo
Bruno Le Maire spoke to Reuters as the coronavirus epidemic slammed the brakes on the economy in China, the world’s largest exporter, and spread to the core of Europe, with more than 100 cases in Italy. “It’s not protectionism, it’s just responsibility,” he said on the sidelines of a meeting of financial leaders in Riyadh, Saudi Arabia.
State aid 😉😉😉
That’s fine until France has an epidemic
Every country should start making what it needs. We’ve been too stupid to rely on China for manufacturing. Start doing our own, make it better, make it quality, get back your jobs. Stop Made in China for everything. This virus tells ppl to wake up.
Those are some smart dudes in charge. Big brain. Yeah we’re fucked.
Wasn't such a good ides to outsource EVERYTHING to China?
everyone should decouple from china
Honestly, this should go without saying!
We all should. Issue is that the factories were closed for good a long time ago. So when supply will go down, prices will go up.
Well they just not gonna make magic and they can't give what they don't have
Exactly what I would suggest as well . Rethink what can be produced nationally and focus on local strengths not weaknesses. Especially as we are not through this crisis yet.
This would be beneficial for some but detrimental for others. We have forgotten how to make and sell our own stuff in the West but we are good at moving goods around.
Globalism is ending. Thank God!