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Shanghai lockdown exposes global supply chain strains
Knock-on effects from disruptions in China could hit ports in Europe and the US when sea freight starts moving again.
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Cargo containers at Yantian port in Shenzhen in June last year.
PHOTO: AFP
Peggy Hollinger, Gloria Li, Andrew Edgecliffe-Johnson, and Primrose Riordan
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(FINANCIAL TIMES) - In early March, truck drivers at Suto Logistics were ferrying 1,000 tonnes of goods every day in and out of Shanghai, China's most important economic hub and the world's busiest port.
By the end of last month, five weeks after local authorities had forced factories to close and residents to isolate in their homes, just one or two trucks were being dispatched daily, according to the company. And even they were no longer delivering their usual cargo of industrial materials, but "livelihood supplies" - groceries to sustain the city's 26 million residents in their enforced isolation.
