Name: China Expert Questions How Shipping Firms Knew to Raise Prices Pre-COVID
Uploaded: 2026-05-20T12:11:58.000Z
Description: The Justice Department announced charges against seven Chinese executives and four of the largest shipping container manufacturers.

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China Expert Questions How Shipping Firms Knew to Raise Prices Pre-COVID

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The Justice Department announced charges against seven Chinese executives and four of the largest shipping container manufacturers. The department alleges a conspiracy to fix the prices of shipping containers at the start of the COVID 19 pandemic.

Shipping containers are key to transporting billions of dollars of goods to Americans every year. The indictment alleges that the Chinese cartel dramatically raised the prices of shipping containers leading to huge profits for the companies.

NTD discussed this with Sean Lin, former U.S. Army microbiologist and member of the Committee of Present Danger: China.

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