News Snapshot:
The halts are likely to further delay shipments and damage global supply chains, which are already struggling to deal with record exports from China and the effects of local COVID-19 outbreaks. Shanghai has halted some container port operations and will cancel most flights Monday and Tuesday as Typhoon Chanthu approaches the city, which is China’s financial capital and a major shipping hub. The city’s container port, the world’s biggest, has suspended some container-related operations, Shanghai International Port Group said in a statement on its wechat account. While the tropical storm was expected to make landfall in the southern part of...
