Congested Ports, Container Crisis
The week-long obstruction of the Suez Canal has passed, but the impact it has caused is coming. Congested Ports, Container Crisis.
The Incident of Evergreen On The Suez Canal
The Suez Canal has been accidentally congested and suspended for four days. As the rescue work to clear the blocked ships failed again on Friday, tensions in the cargo market continue to rise, and the relevant economic impact is beginning to show.
China officially approves RCEP
On March 8, 2021, Chinese Minister of Commerce Wang Wentao confirmed in an interview with the "Ministerial Channel" that the Chinese government has formally approved the agreement.