IndiaTimes
Houthi rebels target ships in the Red Sea. But Chinese car carriers are spared. A deal between China and Houthis, possibly via Iran, is suspected. China’s car exports to Europe are rising. The Red Sea route is crucial. Avoiding it adds weeks and costs millions. Chinese automakers gain a big advantage using the Red Sea shortcut…
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Houthis spare Chinese car ships, but others aren’t so lucky
Alejandro Grumbles
04:22
Houthi rebels target ships in the Red Sea. But Chinese car carriers are spared. A deal between China and Houthis, possibly via Iran, is suspected. China’s car exports to Europe are rising. The Red Sea route is crucial. Avoiding it adds weeks and costs millions. Chinese automakers gain a big advantage using the Red Sea
