Lunar New Year hints at renewed port congestion after covid policies have been lifted

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Written By Jennifer Joslyn

🐰 Lunar New Year hints at renewed port congestion after covid policies have been lifted.

China’s “zero-covid” policies created massive lockdowns that softened the container delays and port congestion issues over the past few years. Now that those policies have been lifted, it may mean those supply chain problems are being renewed. The Lunar New Year is a peak season for consumer spending and retailers stock up on goods before the holiday, which leads to an increase in imports. Another reason for port congestion during the Lunar New Year is that many people travel to be with their families during the holiday, and this can lead to increased demand for air and sea freight services.

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Jennifer Joslyn
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