Economy & Politics

China’s new power | CAPITAL +

The international container port of Shanghai is a bizarre place. A road from the 23 million city seems to lead out into the open sea and ends on a rocky island. The sky hangs low over the always cloudy Yellow Sea. The only colors come from thousands and thousands of containers that are unloaded and loaded here – and they are just getting scarce.

In November, China’s exports rose by 21 percent – compared to the same month last year. The export boom is so surprising that there is a shortage of containers. Since China is currently shipping three containers around the world, but only imports one, the steel containers, which were standardized in the 1960s and have shaped the international movement of goods since then, are missing. As a result, rise


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