China’s largest container shipping line is making strategic moves that reveal just how seriously Beijing takes America’s growing maritime restrictions.
On September 15, 2024, COSCO Container announced two major investments within hours of each other a US$140 million smart supply chain hub in Shenzhen and a landmark partnership at Singapore’s massive Tuas Port.
These announcements came just five months after the US Trade Representative launched a Section 301 investigation into China’s maritime dominance, an inquiry that concluded in January with findings that Chinese shipping practices are “unreasonable” and harm US commerce.
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