China Shows US That Two Can Play the Friend-Shoring Game

If you’re looking for signs that the American concept of “friend-shoring” cuts both ways, consider how crowded Russian railyards are these days.

About 150,000 excess shipping containers are piling up at Russia’s train depots amid a surge in Chinese exports, sending the price of new and used boxes plunging in Moscow, according to a recent analysis from Container xChange.