Chinese Ports See Record Traffic Ahead of U.S. Tariffs, Lunar New Year

China’s busiest port processed a record amount of goods in January, as companies rushed to get their products onto ships before U.S. tariffs kicked in and ahead of a long local holiday. 

Shanghai’s port processed a record 5 million containers in January, according to data released on February 10, well above any previous month according to data going back to 2007. Last year, the port was the first globally to process over 50 million containers in one year, as rising global dema…