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Does the blockage of the Suez Canal affect China’s foreign trade?

Suez Canal Blockage

Recently, Ever Given, a large cargo ship, ran aground on the Suez Canal for nearly a week, causing great troubles for global shipping and trade. Even the toilet paper was affected.

On March 29, shipping on the Suez Canal has begun to resume. This incident caused as many as 422 ships to be stranded, all waiting in line to pass, and it may take three and a half days to evacuate these ships.

On April 1, the Ministry of Commerce held a regular press conference. When answering questions from reporters, the spokesperson of the Ministry of Commerce Gao Feng said that the Suez Canal is an important channel for cargo transportation between China and Europe. The blockage has affected the delivery and freight of some routes. However, the impact of this incident on China’s foreign trade is sudden, Short-term, partial.

At present, the navigation of the Suez Canal is proceeding in an orderly manner. The routes between China and Europe are gradually returning to normal.

Gao Feng also stated that the Ministry of Commerce will work with relevant departments to promote international cooperation in the field of logistics, ensuring the security and stability of the global supply chain.

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