China's naval exercises are a risk to shipping lanes around Taiwan - a supply chain issue

If you've been hiding under a rock the latest from Asia is:

• Pelosi's plane lands in Taiwan

China is having a tantrum over the visit, not approving of visits from one democracy to another. China is conducting military drills around Taiwan as a response. While there is no direct threat to commercial shipping there is a risk of disruption to commerce.

The Taiwan Strait is a hugely busy shipping route, to and from China, Japan, South Korea, and Taiwan of course. Data sources show around half of container ships use the passage each year.

While other routes can be found, there is still a disruption risk to supply chains, with perhaps a ripple through to inflation Inflation Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Read this Term impacts.

As a side note, the risks are posed to commerce to and from China as well as other countries. The Chinese Communist Party puts its own petulant interests ahead of the people of China just trying to get on with their business and lives though.