China raises marine disaster response to Level III for Zhejiang, Fujian as Typhoon Champi nears

The elevation to Level III is a procedural signal rather than a market event, but it matters because Zhejiang and Fujian sit at the center of China's eastern coastal economy, where port operations, shipping schedules and near-shore aquaculture are exposed to marine conditions. The practical question is whether the response level escalates further as Champi tracks along the coast, and how long any disruption to port and vessel movements lasts. For now the measure is precautionary and provincial in scope.