Relationship worsens between US & China, according to DHL global trade report
🇨🇳 Relationship worsens between US & China, according to DHL global trade report.
While it may not be “breaking” news to anyone, the DHL Global Connectedness Index 2022 is showing that the frayed ties between the two powerhouse nations only seem to be getting looser. The DHL Global Connectedness Index is a detailed report that explains the state of globalization and is published by New York University’s Stern School of Business. Its data is compiled from 171 countries and explains how much of the global trade moves around the world.
Shipping a 40-foot container from Shanghai to New York now costs nearly $10,000, causing frustration among importers and talk of a market bubble.
A perfect storm in global trade is causing a major shipping container shortage, leading to unexpected spikes in ocean freight rates.
The Republican-led U.S. House of Representatives passed the Israel Security Assistance Support Act on Thursday, pushing President Biden to send weapons to Israel more quickly.
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