Not the start of the decline of globalisation – just of China's dominance
Determined to have his FDR moment, Joe Biden’s latest policy seems likely to have put ...
It’s big news if it happens. China is considering restricting foreign companies from shipping Chinese goods, in a temporary move to boost the domestic shipping sector. Local owners could also get tax benefits, but at the same time be forced to order only from Chinese yards, as Chinese officials scheme up new ways to support its struggling shipping sector.
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