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Container congestion in Shenzhen disrupts global trade

The port of Shenzhen is experiencing a double traffic jam after a small COVID-19 outbreak: inside, goods are piling up; outside, freighters are waiting to dock. The consequences for logistics are felt around the globe. Industrial goods are arriving too late in the target markets, and prices are rising. Meanwhile, the Ifo Institute is proposing a simple countermeasure.

By
Finn Mayer-Kuckuk
Image of Finn Mayer-Kuckuk

The container mountains are visible from space. Satellite images show an uninterrupted carpet of predominantly reddish boxes stacked high on the pier of the southern Chinese port of Yantian. But what is most worrying is the small number of ships that have docked at the cranes. Usually, twelve of the cargo giants are moored here at the same time, being loaded and unloaded. Currently, there are only two. The reasons for the congestion: COVID-19 outbreaks among dockworkers who had to be isolated.

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