Headlines on China’s port problems dominate the news cycle, but the ripple effects of the delta variant expand way beyond the Middle Kingdom.
Trade is a global network and only works efficiently whenall participants are healthy and cooperative. The U.S./China trade war ignited the U.S./Asia supply chain expansion. The ravages of the delta variant, however, have destroyed this “diversification.”
In the shadows of the news on the Yantian and Ningbo port closures, the impact of the delta variant...
https://www.freightwaves.com/news/viewpoint-global-supply-chain-reaching-a-critical-moment-in-time