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China’s Worse-Than-Suez Ship Delays Set to Widen Trade Chaos

  • Covid outbreak in Yantian export terminals slow ship loading
  • Disruptions to stretch into peak season for retail stockpiling
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WATCH: The shutdown of one of China’s busiest ports drags on. James Mayger reports. (Source: Bloomberg)
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The global shipping industry, already exhausted by pandemic shocks that are adding to inflation pressures and delivery delays, faces the biggest test of its stamina yet.