OceanX radar: Doom & gloom at the IMF; China's new plan; Bought in the US of A
Here comes the rain again
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Those who fear protectionism is returning to global trade, look away now. China will ban foreign flagged vessels from operating on its inland waterways – principally the mighty Yangtze (where so much original cargo is now moving to) as a way of shoring up the revenues of domestic, many of them state-owned, carriers. The law comes into effect at the beginning of next year.
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