As the oil shock hits, China's truck drivers face the threat of layoffs: 'Under these conditions, we might as well leave the truck in the parking lot'

As the oil shock hits, China's truck drivers face the threat of layoffs: 'Under these conditions, we might as well leave the truck in the parking lot'

Fearing a loss of competitiveness for their products, transport companies remain highly reluctant to pass on to their customers fuel cost increases that have been triggered by the war in Iran and the blockade of the Strait of Hormuz.