If deglobalization goes too far.... no country will be spared

The coronavirus pandemic adds further to the deglobalization trend .This pandemic has the worst deglobalisation since 1945. International trade may shrink by up to a third, foreign direct investment by up to 40 per cent, and international remittances by 20 per cent, this year. China was the biggest winner from globalization, which of course means it will be the greatest loser from deglobalization