Or at least Long Beach and LA:
Figure 1: Inbound loaded TEU’s at Long Beach and LA ports, n.s.a. (black, left scale), year-on-year growth (light blue, right scale). NBER defined peak-to-trough recession dates shaded gray. Source: Ports of Long Beach, LA, NBER and author’s calculations.
Inbound traffic is down 3.5% y/y, and down 32.7% q/q AR.
Doesn’t portend well for China given its current situation.
https://timesofindia.indiatimes.com/business/international-business/debt-and-shame-why-millions-in-china-feel-trapped-and-alone-despite-a-strong-economy/articleshow/122764778.cms