Red Sea Crisis Pressures China’s Exporters as Delays, Costs mount

Red Sea Crisis Pressures China’s Exporters as Delays, Costs mount

For Chinese businessman Han Changming, disruptions to Red Sea freight are threatening the survival of his trading company in the eastern province of Fujian.
Han, who exports Chinese-made cars to Africa and imports off-road vehicles from Europe, told Reuters the cost of shipping a container to Europe had surged to roughly $7,000 from $3,000 in…

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