Speculation and Shipping in the South China Sea
Elementum
JULY 18, 2016
A destabilized shipping route drives up costs in more ways than one, but how close are we to a problem that has yet to definitively present itself? of ASEAN’s total trade, set Australia back a good $20M in cargo annually, and cost $270 and $600M in rerouting for South Korea and Japan, respectively, every year. Everything has a cost.
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