Chinese Ports See Record Traffic Ahead of US Tariffs and Holiday

(Bloomberg) —

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

Shanghai’s port processed a record 5 million containers last month, according to data released Monday, well above any previous month in 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 demand, falling Chinese prices, and the threat of tariffs combined to push the value of exports to a record.  

Chinese firms shipped a…