News / Trade war has accelerated the 'internationalisation' of Chinese companies

15/10/2019

The latest trade war truce at the weekend is unlikely to reverse shipping lines’ increased coverage of South-east Asia or the trend towards trade regionalisation.

According to Alan Murphy, chief executive of Sea-Intelligence, the number of transpacific services calling at ports in South-east Asia and sailing directly to North America has increased by 28% since January.

“Traditionally, carriers have been very slow adapting to market changes,” he told the TPM Asia conference in Shenzhen last week. “So we were pleasantly surprised to see ...