Shipping containers from China are “piling up” in Russia amid a surge of Chinese goods flowing into the country as trade soars, a new analysis has found.

Russia has an extra 150,000 shipping containers that importers are scrambling to return to China, logistics platform Container xChange said in a report released Thursday, citing information provided by a customer.

“There is significant cargo movement from China into Russia but very scarce movement back to China from Russia. Containers are piling up in Russia which means that the secondhand container prices are very low in Russia,” CEO Christian Roeloffs said in the report.

  • jimmydoreisalefty@lemmus.org
    link
    fedilink
    English
    arrow-up
    1
    arrow-down
    27
    ·
    1 year ago

    Golden Bridge is required for Russia to back down, unless they gain more area to land lock and then they may try to start peace talks agian.

    • dogslayeggs@lemmy.world
      link
      fedilink
      English
      arrow-up
      19
      ·
      1 year ago

      Because Russia backed down the last time they took over land from Ukraine and gained Crimea… and they backed down the time they took over Ossettia from Georgia.

      If you give Russia anything just to stop this war, they’ll only come back to do it again because you will have taught them if they attack they will win something.