Typhoon In-Fa Hits China's East Coast, Forcing Container Ports To Close t.co/bqpSfrRClF
— zerohedge (@zerohedge) July 26, 2021
On Saturday, Yangshan Port in Shanghai moved containerships and secured containers on land ahead of the storm. Yangshan Port is a deep-water port and one of the most active in China. The disruption throws another wrench in global supply chains that are already under stress.
Melinda Liu, Beijing bureau chief for Newsweek, said, “the problem with this typhoon is not only that it is wreaking economic havoc in some key parts in China but also that it comes at a very delicate time.”
“It, first of all, comes just a few days after massive flooding in central China, which has disrupted lives of a million people and killed dozens. Not just killed people but also created images that went viral on social media, some very graphic pictures of people who apparently drowned in a subway system,” she said.
“But there is also a political significance, and the point of that is probably going to play out in the coming months.”
“There is a possibility that … if the handling of the preparedness is not up to par, then the government might be blamed.”
Videos posted on social media show the dark sky over Shanghai’s skyscrapers.
www.zerohedge.com/weather/typhoon-fa-hits-hits-chinas-east-coast-forcing-container-ports-close