Covid slows China port volume growth, as Tianjin enters new lockdown
Container volumes at China’s ports increased slightly during January-April, despite the impact from widespread Covid ...
China’s whack-a-mole policy on Covid has seen parts of Shanghai and Beijing lockdown once more. The new localised lockdowns are not affecting global trade, but the policy of zero-Covid means it’s likely that there will be continued disruption in the country – probably for some time to come. Nevertheless, authorities are keen to restart trade and have been holding meetings with foreign companies to reassure them, reports Reuters.
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