Suez Canal blockage: China to see minor raw material disruptions, but accident further exposes ‘risks’ of global supply chains


Source: scmp.com scmp.com

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The Suez Canal blockage will have limited impact on China’s economy, but may prompt firms to once again consider diversifying global supply chains The ultra-large container ship Ever Given has broken free from the banks of the Suez Canal after a five-day salvage effort, but the rescue mission is still under way The Suez Canal blockage will have limited impact on China’s economy, but may prompt firms to once again consider diversifying global supply chains after the shock of the coronavirus, economists say. Any upheaval in the Chinese economy due to the blockage of the Suez Canal by a massive...