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Boxed out: China's exports pinched by global run on shipping containers | Hellenic Shipping News Worldwide


Boxed out: China’s exports pinched by global run on shipping containers
China’s world-beating economic rebound from the coronavirus pandemic is being blunted by a global shortage of shipping containers, sending cargo costs to record highs and hampering manufacturers in filling fast-recovering global goods orders.
Exports from China surged 21% in November from a year ago as the country’s mammoth industrial engine cranked out mountains of appliances, toys, clothes, personal protective equipment and other items currently in high demand around the world.
But due to China’s lopsided trade balance – exporting three containers for every one imported recently – and delays in containers returning to China due to the pandemic overseas, a severe shortage is now starting to pinch export flows. Roughly 60% of global goods move by container, and according to United Nations trade data there are close to 180 million containers worldwide. ....

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china exports: Boxed out: India not alone, China's exports also pinched by global shortage of shipping containers


BEIJING | SINGAPORE: China s world-beating economic rebound from the coronavirus pandemic is being blunted by a global shortage of shipping containers, sending cargo costs to record highs and hampering manufacturers in filling fast-recovering global goods orders.
Exports from China surged 21% in November from a year ago as the country s mammoth industrial engine cranked out mountains of appliances, toys, clothes, personal protective equipment and other items currently in high demand around the world.
But due to China s lopsided trade balance - exporting three containers for every one imported recently - and delays in containers returning to China due to the pandemic overseas, a severe shortage is now starting to pinch export flows. Roughly 60% of global goods move by container, and according to United Nations trade data there are close to 180 million containers worldwide. ....

United States , South Korea , Los Angeles , Hill Xiao , Charles Xu , Frederic Neumann , Logistics Group , Asian Economics Research , China Container Industry Association , United Nations , Ningbo Containerised Freight Index , Southeast Asian , Ningbo Based Southwest Logistics , South America , ஒன்றுபட்டது மாநிலங்களில் , தெற்கு கொரியா , லாஸ் ஏஞ்சல்ஸ் , மலை கிஷியஓ , சார்லஸ் ஐயூ , ஃப்ரெடரிக் நியூமன் , தளவாடங்கள் குழு , ஆசிய பொருளாதாரம் ஆராய்ச்சி , சீனா கொள்கலன் தொழில் சங்கம் , ஒன்றுபட்டது நாடுகள் , தென்கிழக்கு ஆசிய , தெற்கு அமெரிக்கா ,