China-US trade tariff pause could drive a rebound for transpacific rates
After the US and Chinese governments agreed to slash reciprocal tariffs, shipping lines are expecting ...
Liu Chong, former chairman of Cosco Shipping Development (CSD), the group’s ship-leasing and container manufacturing division, has reportedly been arrested by the Chinese authorities, just a day after his sudden resignation.
CSD had announced his resignation on Tuesday, saying he was “unable to devote sufficient time to perform duties by reason of personal affairs”. It added that Mr Liu had no disagreements with the board.
However, Chinese media has reported Mr Liu had been detained and ...
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