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China pushes for safety of Red Sea shipping as threat to its economy growsFinancial Times

Summary by Ground News
Disruptions to Red Sea freight are threatening the survival of his trading company. The cost of shipping a container to Europe had surged to roughly $7,000 from $3,000 in December. At stake for China now is the danger that other firms will reassess their de-risking strategy.

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  • 43% of the sources are Center
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Devdiscourse broke the news in India on Friday, January 19, 2024.
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