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Costas Paris
@CostasParis
Senior Reporter in New York covering global shipping and supply chains. Previously in London, Athens, Singapore and Bangkok.
New York, NYwsj.comJoined November 2010

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Bad week for China’s actual civilian meteorological agencies
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One thing is for certain: This whole Chinese 'spy balloons' debacle has been detrimental to the business reputation of China's civilian weather balloon industry. International buyers can no longer maintain confidence in their maneuverability & ability to withstand bad weather
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The U.S. reached an agreement that gives it access to four more military bases in the Philippines, broadening Washington’s efforts to counter China’s influence and strengthening an alliance that a few years ago appeared in danger of collapse.
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Residents credit Mr. Xi for hefty spending on highways and rail connecting rural areas with cities, where jobs are plentiful. Still, said one shopkeeper in rural Hunan, life had become more unpredictable. “China is a country ruled by man, not by the law."
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Hapag-Lloyd's fall in profit in 4Q points to a tough year ahead for boxships. It said that "by the end of the year, freight rates had significantly come down. At the same time, disruptions in global supply chains and inflation have led to a significant increase in costs.”