Port congestion has led to global container shortages, and the resulting high prices are weighing heavy on China’s commodities exporters. Illustration: Henry Wong
Port congestion has led to global container shortages, and the resulting high prices are weighing heavy on China’s commodities exporters. Illustration: Henry Wong
China trade

China’s shipping insiders brace for another full year of rising freight rates having a ‘profound impact on trade’

  • Some exporters continue to stockpile goods in warehouses as cash flow dwindles, while others endure higher shipping rates amid supply-chain disruptions
  • Despite fretting exporters, China’s foreign trade performance beat expectations in November, with an 8.4 per cent growth in exports over the previous month

Topic |   China trade
Port congestion has led to global container shortages, and the resulting high prices are weighing heavy on China’s commodities exporters. Illustration: Henry Wong
Port congestion has led to global container shortages, and the resulting high prices are weighing heavy on China’s commodities exporters. Illustration: Henry Wong
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