[hiram112]

I think this is going to happen to a lot of manufacturers and industries in the West who are going to lose a lot of money in the short to medium term.

Looking further out, this and the general push back of the last few years with being so dependent on China, may be what further forces the West to start ensuring supply chains are not so dependent on China and the far East.

Companies may start seriously consider the true cost of doing business in China due to unknown events like this, and even more likely ones like military and economic confrontations occur (e.g. tariffs).

This might actually help juice the Western world for a few years as more manufacturing and supply lines are repatrioted.

[jacques_chester]

Viruses don't really pay much attention to economic rivalries and supply chains can be disrupted wherever they exist. As for "helping" the west, you're misunderstanding how gains from trade work.