February 26, 2009

400,000 Empty Containers Sit at ShenZhen Port

A dramatic illustration of the collapse occurring in the great rebalance of global trade can be found at Yantai port, ShenZhen, China, one of the top 5 container ports in the world: 400,000 empty container boxes.
A similar story is heard from Hong Kong and Shanghai where the drop in activity is the worst on record...

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