On a micro-level, the circulation of commodities around the world is like the circulation of blood in the body of a human. Recently the stoppage of trade for a week, for example in the Suez Canal, is equal to blood clots in a person’s body. Today global support chains are fragile because of the growing cost to the world of the use of Chinese shipping containers. China now owns 8 of the 17 largest ports in the world.
Read in New Eastern Outlook
