China’s Supply Chain Meltdown Set to Rock US Ports

Posted on March 4, 2020 7:51 am
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URL https://www.newswars.com/chinas-supply-chain-meltdown-set-to-rock-us-ports/ 

Investors are grossly underestimating the potential economic impact of Covid-19 as the first signs of China’s supply chain meltdown are now washing ashore on US West Coast ports.

The Port of Long Beach, the second-largest containerized port in the US, has had two top officials warn in the last several weeks of chilling effects of supply chain disruptions from China.

Last week, the Deputy Executive Director of Administration and Operations for the Port of Long Beach Noel Hacegaba warned China’s economic paralysis led to the increase of blank sails between China and the US.

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