Major container ports in China see worsening congestion after COVID cases and may impact global trade


Source: marketwatch.com marketwatch.com

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The partial closure of one of China’s biggest cargo ports due to cases of Covid has raised fresh concerns about the impact of the pandemic on international trade. Congestion off China’s top two container ports Shanghai and Ningbo is worsening following the shutdown of a container terminal in Ningbo where a COVID-19 case was detected this week, Reuters reported . Ningbo-Zhoushan in eastern China is the world’s third-busiest cargo port. Tighter restrictions to fight China’s latest coronavirus outbreak are starting to hit more parts of the economy. The highly transmissible delta variant has been detected in more than a dozen...