News Snapshot:
Here’s a nuts-and-bolts look at trade between the US and China, before and since Covid. From Greg Miller at FreightWaves via zerohedge.com : When news first broke of the COVID lockdown in Wuhan, the initial prediction was: The virus will cripple the economy of China, which is the engine of global trade, and that will be terrible for the shipping business. Eighteen months and 3.9 million deaths later, the pandemic has had the opposite effect. Ships are full and, ironically, the country where the outbreak began has seen the biggest and broadest economic upside. Chinese exports are now much higher...
