Latest / China Economy with Fexingo: Beijing's Policies, Trade, and Asia-Pacific Markets
China's Shipping Cost Shock and Global Supply Chains
We examine how freight rates from the Gulf Coast to China have surged tenfold, reaching seventy-six million dollars per supertanker charter. This episode explores why logistics costs are now a primary driver of global inflation alongside manufacturing output. Lucas and Luna break down the supply chain bottlenecks, the role of the yuan pegged at six point seven, and what this shipping premium means for consumer prices in the Asia-Pacific region today.
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The skinny
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