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 ...
DSV: 'AHEAD IN BIDDING FOR SCHENKER'DSV: UNLUCKY FRIDAYSMAERSK: WEAK AGAINWMT: NEW PARTNERSHIPXPO: HAMMEREDKNIN: LEGAL FIGHTF: UPDATEMAERSK: CROSS-BORDER BOOST MAERSK: NIGERIA TERMINAL EXPANSION FDX: 'NON-EVENT' CORPORATE STRUCTURE UPDATE XPO: WINNERS AND LOSERS ODFL: 'SOFTNESS'
DSV: 'AHEAD IN BIDDING FOR SCHENKER'DSV: UNLUCKY FRIDAYSMAERSK: WEAK AGAINWMT: NEW PARTNERSHIPXPO: HAMMEREDKNIN: LEGAL FIGHTF: UPDATEMAERSK: CROSS-BORDER BOOST MAERSK: NIGERIA TERMINAL EXPANSION FDX: 'NON-EVENT' CORPORATE STRUCTURE UPDATE XPO: WINNERS AND LOSERS ODFL: 'SOFTNESS'
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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