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![China lockdowns to hurt supply chains more than #russiaukraine crisis](https://fortunetelleroracle.com/public/upload/media/posts/2022-03/14/china-lockdowns-to-hurt-supply-chains-more-than-russiaukraine-crisis_1647258277-b.jpg)
Lockdowns in 19 provinces (Shanghai, Guangzhou..) as of Sunday, will restrict container movement at these ports heavily.
China lockdowns to hurt supply chains more than #russiaukraine crisis
The announcement of nationwide lockdowns in China is pushing supply chains to prepare for another round of turmoil in the coming months, impacting the flow of container movement as importers worldwide prepare for the coming peak season later this year.
Two weeks since the start of the #russiaukraineconflict, "there seems to be negligible impact on container prices and leasing rates in China," according to the latest update from Container xChange, the global neutral marketplace for container leasing and trading.
Read more...www.logupdateafrica.com