BUSY WATERWAY: Shutting down transport routes due to Beijing’s live-fire exercises affects not only Taiwan, but also trade flows to Japan and South Korea, an analyst said/ Bloomberg
Shippers rerouted vessels as China began its most provocative military drills in decades around Taiwan, with at least one owner barring ships from transiting the Taiwan Strait.
The maneuvers, in response to US House of Representatives Speaker Nancy Pelosi’s visit to Taiwan this week, are taking place in six areas surrounding Taiwan, and China advised ships and aircraft not to go near the regions. The drills began yesterday at noon and were set to last until Sunday.
Ships continued to travel through the Taiwan Strait yesterday, according to data compiled by Bloomberg.
While the data showed about 15 vessels in the drill
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