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South China Sea tensions pose threat to international trade

Philippines and China reach South China Sea 'arrangement'

The post-COVID era has been punishing for global trade. Lockdowns and factory closures sparked supply chain delays worldwide and helped fuel decades-high inflation.

The Suez Canal was closed for a week in 2021 after a container ship got stuck. Attacks on shipping by Yemen-based Houthis and Iran over the past 10 months have forced a rerouting of container vessels from the Red Sea via Africa

And now China’s military standoffs in the South China Sea could also impact the smooth flow of…


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