As U.S. dockworkers struggle against automation, Chinese ports continue to outperform their American counterparts.
A United Arab Shipping Company container vessel prepares to leave Yangshan Port, one of the three major working zones of the Port of Shanghai. Credit: Sky Blue via iStock.com
For three days last week, dockworkers no longer dotted the terminals at ports across the U.S.’s eastern and Gulf Coasts. The short-lived strike ended after the U.S. Maritime Alliance, which represents the port operators, agreed to raise salaries, allaying fears that the walkout could inflict a multi-billion dollar hit on the American economy.
But the episode has both highlighted the central role of maritime trade in the U.S. economy, and cast a light on long-standing inefficiencies at U.S.
Exclusive longform investigative journalism, Q&As, news and analysis, and data on Chinese business elites and corporations. We publish China scoops you won't find anywhere else.
A weekly curated reading list on China from Andrew Peaple.
A daily roundup of China finance, business and economics headlines.
We offer discounts for groups, institutions and students. Go to our Subscriptions page for details.
Millions of Chinese factory owners have been bequeathed a difficult inheritance. AI offers a way to modernize their parents’ low-margin businesses, but only if they can overcome often deep-rooted resistance to change.
Rebuilding healthy ties between the Indian and Chinese governments is likely to be a long process, with issues from the border to the Dalai Lama’s succession looming.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.