Cargo ships are seen next to cranes of the Shanghai International Port in Shanghai on May 7, 2026. (Photo by Hector RETAMAL / AFP via Getty Images)

Ships are seen next to cranes of the Shanghai International Port in Shanghai on May 7, 2026. (Photo by Hector RETAMAL / AFP via Getty Images)

Ships are seen next to cranes of the Shanghai International Port in Shanghai on May 7, 2026. (Photo by Hector RETAMAL / AFP via Getty Images)

A Chinese flag is pictured on a boat in front of a cargo ship and cranes at the Shanghai Container Terminals at Zhanghuabang wharf in Shanghai on May 7, 2026. (Photo by Hector RETAMAL / AFP via Getty Images)

A general view shows the exterior of the BASF chemical company facilities in the Pudong district in Shanghai on May 7, 2026. (Photo by Hector RETAMAL / AFP via Getty Images)

People sit on a ferry crossing the Huangpu River next to cranes at the Shanghai Container Terminals at Zhanghuabang Wharf in Shanghai on May 7, 2026. (Photo by Hector RETAMAL / AFP via Getty Images)

People look out from a ferry crossing the Huangpu River next to cranes at the Shanghai Container Terminals at Zhanghuabang Wharf in Shanghai on May 7, 2026. (Photo by Hector RETAMAL / AFP via Getty Images)

A general view shows the exterior of the BASF chemical company facilities in the Pudong district in Shanghai on May 7, 2026. (Photo by Hector RETAMAL / AFP via Getty Images)