Hong Kong port strike is over

The BBC reports that striking dockworkers at the Port of Hong Kong — the world’s third busiest — have agreed to end their work stoppage.  The workers, on strike since March 28, will accept a pay raise of about 10%, significantly less than the 23% increase they sought.

During the strike, the affected terminal ran at less than 90% capacity, forcing shippers to divert cargo to ports on mainland China.

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