Benjamin Hung

Against a backdrop of subdued global growth, costs are rising from less efficient flows and lower levels of productivity. Shipping costs have surged by 300 per cent as container ships take longer routes to avoid the ongoing conflict in the Middle East.
THE BOTTOM LINE

The low spark of high-friction trade

IT IS a truism that global trade is threatened by the rise in protectionism and geopolitical fragmentation. But that does not lessen...