Chinese stimulus plan – defend and spend
Don’t burst the bubble…
BA: WIND OF CHANGEMAERSK: BULLISH CALLXPO: HEDGE FUNDS ENGINEF: CHOPPING BOARDWTC: NEW RECORDZIM: BALANCE SHEET IN CHECKZIM: SURGING TGT: INVENTORY WATCHTGT: BIG EARNINGS MISSWMT: GENERAL MERCHANDISEWMT: AUTOMATIONWMT: MARGINS AND INVENTORYWMT: ECOMM LOSSESWMT: ECOMM BOOMWMT: RESILIENCEWMT: INVENTORY WATCH
BA: WIND OF CHANGEMAERSK: BULLISH CALLXPO: HEDGE FUNDS ENGINEF: CHOPPING BOARDWTC: NEW RECORDZIM: BALANCE SHEET IN CHECKZIM: SURGING TGT: INVENTORY WATCHTGT: BIG EARNINGS MISSWMT: GENERAL MERCHANDISEWMT: AUTOMATIONWMT: MARGINS AND INVENTORYWMT: ECOMM LOSSESWMT: ECOMM BOOMWMT: RESILIENCEWMT: INVENTORY WATCH
The growing reach of China across the global port industry is a decades-long trend that few in the industry could not be aware of. On occasions it has been blunted by broadsides as China’s rivals – largely the US – have criticised its port operators and shipping lines for collecting strategic information on behalf of the Chinese government. Many in the industry have traditionally viewed such claims with a great deal of scepticism, but this article from Foreign Policy details just how deep Beijing has its fangs into its commercial shipping firms, as geopolitical tensions continue to rise to worrying heights: “First, China has introduced massive and little understood information-gathering infrastructure at critical ports worldwide. Second, Chinese laws require that all Chinese companies operating overseas – both private and state-owned – must gather and report intelligence on foreign entities to the Chinese government.”
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