Economics

Globalization is Alive and Kicking in Trade’s Big 2020 Comeback

  • Nations rise from protectionist crouch to keep goods flowing
  • ‘I can’t find the reshoring,’ HSBC’s trade-finance chief says
Photographer: Angel Garcia/Bloomberg
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The Covid-19 pandemic was supposed to put the final nail in the coffin of globalization and prompt a retreat into a new era of protectionism. Instead, some are now calling the crisis the Great Accelerator.