Viewpoint: Shanghai’s reopening pledge nothing more than the boy who cried wolf
When it comes to lifting lockdowns in China, false hope will remain the norm.
When it comes to lifting lockdowns in China, false hope will remain the norm.
Zero-COVID policies seem effective only in creating widespread supply chain disruptions.
“This will limit the capability of factories to deliver containers to the ports,” said one industry consultant.
“50% of our ocean freight out of these two ports are non-electronic products,” explained Terry Unrein, COO of the Americas for Seko Logistics.
Shanghai, the largest container port in the world, has stopped operations because of a big storm.
Busiest port in the world, Shanghai, may have to deal with tropical storm-related delays
Aside from Lunar New Year slowdown, world’s biggest exporter reports ongoing volume growth despite concerns over trade slowdown.
Nasdaq listed technology firm Ideanomics (NASDAQ:SSC) has formed a joint venture with APMEN Trade Tech Co Ltd., to streamline ports in the Asia Pacific by using blockchain and artificial intelligence in the Port of Shanghai, currently the world’s busiest port.