#Chinainsights#Redsea#Chinanews China's economy mainly relies on export trade and has benefited from globalization for nearly two decades. After three years of zero-Covid lockdown policy, China has been seriously jeopardized as an important part of the global industrial chain. The recent Red Sea Crisis will lead to a very big adjustment in the future economic structure and industrial chain in China and the world. If it is not controlled, China will be the biggest loser of the crisis. Have questions? Do you have something to share with us about China? We want to hear from you! Email: Cinsights.subscription@gmail.com Facebook www.facebook.com/EyesOnChina. Your support allows us to produce more high-quality videos. Copyright @ China Insights 2021. Any illegal reproduction of this content in any form will result in immediate action against the person(s) concerned.