By all means, save Christmas – but don’t blame the global supply chain


Source: scmp.com scmp.com

Key Topics in this News Article:

News Snapshot:

Reading the headlines, you could be forgiven for thinking that world trade is gummed up, with supply chains in an unprecedented meltdown. US President Joe Biden and British Prime Minister Boris Johnson have launched plans to “ save Christmas ” as ports are clogged, and shoppers are warned to buy now before shelves are bare. Others have warned that the final nail is being rammed into the coffin of the long, complex supply chains that have fuelled global growth over the past four decades. They say the supply chain dislocations that have lifted sea freight rates tenfold since the start...