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Coronavirus crisis will send globalization into reverse

Complex Asian supply chains and just-in-time production are vulnerable to shocks

| China
An employee wearing a face mask works in a factory of printed circuit boards in Suining, China on Feb. 1: the coming crisis will accelerate other changes already under way.   © FeatureChina/AP

With each passing day the economic severity of the coronavirus crisis grows clearer. A global recession is now certain, along with crunching falls in trade.

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