Maritime fingers on the economic pulse
As the global financial markets go into meltdown, will reopened factories in China lead to a supply-driven recovery?
CMA CGM's Rodolphe Saadé expects cargo volumes to be back to normal by the end of the month, thereby taking pressure off stretched supply chains. Will this be enough, though, to prevent a worldwide recession as the coronavirus spreads to Europe and the US, the two main drivers of the global economy?