This pandemic is now two months old and we are still not out
of the woods. It will take some time for the world to rid itself of this
scourge. The problem is our patience
does not count for anything. The virus has its own timetable and it will go
away when it is good and ready. The
world had no inkling as to the scale or speed with which virus spread across
the world. It was no doubt helped initially
due to the lack of transparency shown by the Chinese government by pressurizing
WHO to water down its report on the lethality of the virus. The world did not take the initial guidelines
seriously and the results are there for all to see. An unprecedented lock down across the globe
and all economic and trade activity coming to a halt has resulted in the world
stopping in its tracks. While there is
no denying the favorable environmental impact due to the stopping of world
trade and transport, it has caused a lot of hardship and its effects will be
felt for a long time to come.
Of late there has been a realization that this could have
been avoided. If China had been more forthcoming on sharing data on the corona
virus disease. But due the penchant of a dictatorial regime for showing that the
government can do no wrong, the communist party published false data on the
disease, letting it spread in the whole world. In hindsight the Chinese Communist
Party (CCP) must be regretting its initial secrecy that it advocated regarding
the disease because the world is now coming to realize the extent of the damage
done and the real price it will have to pay. Whether the virus was spread by
accident or design, the Chinese government now knows that it has done something
wrong as there is a perceptible backlash against it the world over. It revised the
Wuhan death figure by fifty percent almost twenty days after freezing it. This
shows that controlling the narrative on the pandemic is more important to the
CCP than saving lives.
The world opinion now
has a distinct tone which suggests that it does not approve of Chinese actions
since the start of the pandemic. There is a marked shift in the foreign investment
policies of major economies. Any strategic investment by China will now be
scrutinized by the host government before being approved. Against the backdrop
of the Huawei controversy, this had to come sometime and the COVID-19 pandemic
has provided the trigger. Another realization is that the world has put all its
eggs in one basket. Low manufacturing cost and favorable supply chain logistics
made China the workshop of the world. But the pandemic dried up a lot of
supplies of essential goods due to the lock downs imposed in the Wuhan area. China
now has a monopoly on most medical supplies. But there is talk of diversifying
the supply chain through more countries to avoid bottlenecks in emergencies.
Unconfirmed reports of a second outbreak in China are now
being published, also, there are other conspiracy theories which suggest that
the corona virus leaked from a Wuhan chemical lab experimenting in biological weapons. How
this pans out in the near future remains to be seen, but it is now obvious that
the world is seeing China in a new light.