Back to work
The end of lockdown
Some restrictions apply
The shipping news
Imports, exports
Overdrive to normal
Feeling the war in Ukraine
There's hope ahead
Hundreds of ships were waiting
Images of a collapse
Troubles for the global supply chain
Microchip shortages
The machine was winding down
The busiest port in the world
Growing concerns
The perfect storm
What will be missing?
No workers, no truckers, no Covid
Covid Centers
China's ulterior motives?
The end of globalization
Less globalism, more protectionism
Macron bets on self-reliance
Following the French example
A big blow to China's economy
The long way to normalcy
Interesting times
The bigger picture
Conflict and discontent
Internacional
Shanghai's port slowly returns to normal but global supply chain problems won't go
(1/29)
Back to work

The port of Shanghai, the largest in China and the world, is finally returning to normal after long months of limited activity under the government's 'Zero Covid' policy.

Internacional
Shanghai's port slowly returns to normal but global supply chain problems won't go
(2/29)
The end of lockdown

China officially ended Shanghai's lockdown on June 1, when Covid-19 cases began hitting the low double-digits.

Internacional
Shanghai's port slowly returns to normal but global supply chain problems won't go
(3/29)
Some restrictions apply

However, some restrictions still remain. School is voluntary, restaurants and gyms remain closed, and stores and shopping malls can open with limited capacity.

Internacional
Shanghai's port slowly returns to normal but global supply chain problems won't go
(4/29)
The shipping news

The South China Morning Post reports that major shipping lines are returning to China's biggest port, with container ships and carriers returning to the city.

Internacional
Shanghai's port slowly returns to normal but global supply chain problems won't go
(5/29)
Imports, exports

At the same time, factories in Shanghai and nearby regions have resumed production, exporting goods through the port to Asia and all over the world.

Pictured: Electric cars from Tesla's Shanghai gigafactory being loaded in the port of Shanghai.

Internacional
Shanghai's port slowly returns to normal but global supply chain problems won't go
(6/29)
Overdrive to normal

However, The Conversation points out that things will take a long time to go back to normal in Shanghai. The port will be some time in overdrive, dealing with several weeks of backlog.

Internacional
Shanghai's port slowly returns to normal but global supply chain problems won't go
(7/29)
Feeling the war in Ukraine

The war in Ukraine is also affecting the shipping industry. Russia's blockade on Ukrainian ports not only has driven up the food prices, but also has shot up the shipping prices.

Internacional
Shanghai's port slowly returns to normal but global supply chain problems won't go
(8/29)
There's hope ahead

Experts cited by The Conversation believe that the global supply chain will face pressure for the rest of 2022, but the situation will probably improve in the mid-run, around 2022.

Internacional
Shanghai's port slowly returns to normal but global supply chain problems won't go
(9/29)
Hundreds of ships were waiting

China's strict lockdown not only took a toll on the population, but also on the economy: Factories not working and the largest port in the world was virtually without any activity.

Internacional
Shanghai's port slowly returns to normal but global supply chain problems won't go
(10/29)
Images of a collapse

Several analysts, such as former FDA commissioner Scott Gottlieb, shared online images like this which show how massive the ship congestion affecting the port of Shanghai.

Internacional
Shanghai's port slowly returns to normal but global supply chain problems won't go
(11/29)
Troubles for the global supply chain

Ever since the global pandemic began, the global supply chain in China and elsewhere has been deeply affected and never fully recovered.

Internacional
Shanghai's port slowly returns to normal but global supply chain problems won't go
(12/29)
Microchip shortages

Problems in the world supply chain affect many areas, such as the automobile industry, which in the past has been hit by microchip shortages.

Internacional
Shanghai's port slowly returns to normal but global supply chain problems won't go
(13/29)
The machine was winding down

The port of Shanghai almost grinding to a halt brought new fears of shortages for the global industry.

Internacional
Shanghai's port slowly returns to normal but global supply chain problems won't go
(14/29)
The busiest port in the world

After all, Shanghai is the busiest port in the entire world. According to the BBC, 17% of China's cargo traffic and 27% of its overall exports go through Shanghai.

Internacional
Shanghai's port slowly returns to normal but global supply chain problems won't go
(15/29)
Growing concerns

When the port of Shanghai was running at half-speed due to long weeks under strict lockdown, concerns grew around the globe that this might bring new shortages.

Internacional
Shanghai's port slowly returns to normal but global supply chain problems won't go
(16/29)
The perfect storm

Between supply chain shortages and Russia's war in Ukraine affecting fuel prices, the world economy is facing the perfect storm. Fears of a worldwide recession are real.

Internacional
Shanghai's port slowly returns to normal but global supply chain problems won't go
(17/29)
What will be missing?

Experts cited by the BBC assure that the Shanghai cargo jam might bring issues with the supply of washing machines, vacuum cleaners, solar panels, and textile goods.

Image: PlanetCare / Unsplash

Internacional
Shanghai's port slowly returns to normal but global supply chain problems won't go
(18/29)
No workers, no truckers, no Covid

Ships arriving in Shanghai were not subjected to any restrictions, but dockworkers and port truckers are under the Zero-Covid policy carried on by Chinese authorities.

Internacional
Shanghai's port slowly returns to normal but global supply chain problems won't go
(19/29)
Covid Centers

If someone tests positive, regardless if the worker shows any symptoms, then they are forced to be quarantined in cage-like dystopian 'Covid Centers'.

Internacional
Shanghai's port slowly returns to normal but global supply chain problems won't go
(20/29)
China's ulterior motives?

Forbes senior contributor Kenneth Rapoza wrote an opinion piece where he argued that China's Zero-Covid policy was 'magical thinking' and that the lockdown and cargo jam was a strategy to pressure the West to grow more dependent on Beijing. Though, it all sounds a bit like a conspiracy theory.

Internacional
Shanghai's port slowly returns to normal but global supply chain problems won't go
(21/29)
The end of globalization

Maybe the truth is far more simple than that: China believes in the Zero-Covid policy and can't afford to put a strain on its healthcare system. That's why many experts believe we might be seeing the 'death of globalization'.

Image: Christine Roy / Unsplash

Internacional
Shanghai's port slowly returns to normal but global supply chain problems won't go
(22/29)
Less globalism, more protectionism

According to The Economist, between 2008 and 2019 “world trade, relative to global GDP, fell by about five percentage points”. The trend isn't exactly new, but the war in Ukraine and the global pandemic have accelerated the return to old protectionist policies.

Image: Venti Views / Unsplash

Internacional
Shanghai's port slowly returns to normal but global supply chain problems won't go
(23/29)
Macron bets on self-reliance

Even someone such as French President Emmanuel Macron, well known for his economical liberalism, has embraced a great economic strategy to guarantee France's self-reliance in the face of global supply chain problems and energy dependency.

Internacional
Shanghai's port slowly returns to normal but global supply chain problems won't go
(24/29)
Following the French example

German public news agency Deutsche Welle highlighted that the French president was willing to spend 28 billion euros on his plan. Other world leaders seem also to be following Macron's steps, supporting a bigger autonomy from China, Russia, and other countries in general.

Internacional
Shanghai's port slowly returns to normal but global supply chain problems won't go
(25/29)
A big blow to China's economy

What is true is that the lockdown and the port of Shanghai standing still have also been a big blow to the Chinese economy.

Internacional
Shanghai's port slowly returns to normal but global supply chain problems won't go
(26/29)
The long way to normalcy

Restrictions have been relaxed in some districts of Shanghai, though the main issue is that there is no guarantee that Chinese authorities won't stop commerce and industry overnight as long as Covid-Zero remains in place.

Internacional
Shanghai's port slowly returns to normal but global supply chain problems won't go
(27/29)
Interesting times

What's clear is that the good times when globalization promised a clockwork-like precision of goods and services seem to have passed. Pictured here, are empty shelves in Britain as a consequence of Brexit.

Internacional
Shanghai's port slowly returns to normal but global supply chain problems won't go
(28/29)
The bigger picture

Maybe what's going on with the port of Shanghai is a bigger symptom that the global capitalist system needs to reform.

Internacional
Shanghai's port slowly returns to normal but global supply chain problems won't go
(29/29)
Conflict and discontent

Otherwise, it will bring poverty and inflation to regular people. In China, Europe, the Americas, or elsewhere this has only one outcome: Conflict and discontent.

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