Rising Shipping Costs Spurs Stress on China-Europe Trade

Capt. John
  • The cost of shipping goods from China to Europe increases by up to 600 percent in recent weeks.
  • The rise in cost of shipping goods is attributed to pandemic that has disrupted the trade routes balance.
  • It has resulted in a shortage of shipping containers.

A recent news article published in the CGTN written by Jemima Walker, reveals that the soaring shipping costs from China to Europe takes place amid container shortage.

Shipping cost of a container

At the beginning of 2020, it cost around $2,000...

https://mfame.guru/rising-shipping-costs-spurs-stress-on-china-europe-trade/

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