OceanX: Zim, CMA and Hapag are eating Mærsk's market share
You win some, you lose some
ID
4968201
© Zagorskid
|
Dreamstime.com
By Ruben Huber
After the flooding in Beijing, there came a flood of negative data from China last week.
For one, the birth rate has just hit a record low of 1.09 in 2022.
Exports for July were down to everywhere (but Russia), and imports too.
The cherry on the cake: Evergrande, finally filed for bankruptcy in the US while other debt-laden property companies struggle.
Things look bad.
Confidence is shakier than ever before. Consumption is affected ...
Comment on this article