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Red Sea woes pressure China exporters as shipping delays, costs mount

By Inquirer - 10 months ago
SHANGHAI/BEIJING  – 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

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