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Cost of Shipping From China Spikes 10-Fold – Caixin

The shipping rate for Chinese exports to Southeast Asia climbed to nearly $4,000 per container, 10 times as much as in previous years


shipping
A motorcyclist rides past containers stacked in the port of Shanghai. Photo: Reuters

 

As Southeast Asian countries reopen their borders and ease pandemic restrictions, demand for imports from China is rising and ports are growing congested, driving up shipping costs, Caixin reported.

As of this week, the shipping rate for Chinese exports to Southeast Asia climbed to nearly $4,000 per container, 10 times as much as in previous years.

Read the full report: Caixin.

 


 

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George Russell

George Russell is a freelance writer and editor based in Hong Kong who has lived in Asia since 1996. His work has been published in the Financial Times, The Wall Street Journal, Bloomberg, New York Post, Variety, Forbes and the South China Morning Post.

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