China will conduct live-fire military exercises in the Taiwan Strait and around Taiwan from Thursday to Sunday in retaliation for House Speaker Nancy Pelosi’s visit — exercises that are expected to breach Taiwan’s territorial waters and block some busy international shipping lanes.
Any escalation of tensions would create yet another major threat to global supply chains.
If the strait were ever closed to commercial traffic, it would be a negative for cargo shippers and a positive for ship owners...
https://www.freightwaves.com/news/saber-rattling-in-taiwan-strait-stokes-new-supply-chain-threat