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As Iran war hits trade hubs, China’s logistics firms scramble for alternatives (www.scmp.com)

submitted 3 weeks ago by rss@news.abolish.capital to c/china@news.abolish.capital

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Logistics companies in China are feeling the strain from the US-Israeli war on Iran, as volatile crude prices and disrupted transport routes ripple through global supply chains. With e-commerce cargo stranded in the Middle East and freight rates skyrocketing, industry insiders said they expect the fallout to last months, even as US President Donald Trump signalled the war could end soon. While some saw opportunities in alternative Central Asian corridors, Chinese businesses reliant on the region...

From China - South China Morning Post via This RSS Feed.

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