(ZEROHEDGE) – A powerful typhoon is expected to impact Taiwan and China this weekend. It may strain global supply chains even further due to the possibility of port disruptions and other logistical issues that would stem from storm damage.
Taiwan's Central Weather Bureau said Typhoon Chanthu is north of the Philippines Friday as it closes in on Taiwan and the Chinese coast. In the path of the storm are major containerized ports and factories. The intensity of the storm is a significant concern.
The storm is rated as a category four typhoon, one level below a super typhoon, with maximum sustained winds of around 130 mph and gusts up to 160 mph. Taiwan is expected to feel the brunt of the storm late Saturday, then China on Sunday.
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