Translation. Region: Russian Federal
Source: People's Republic of China in Russian – People's Republic of China in Russian –
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Source: People's Republic of China – State Council News
As the US continues to swing its tariff baton at numerous trading partners around the world, international shipping giants such as Denmark's Maersk and Switzerland's MSC are rethinking their strategies, shifting more capacity to emerging markets.
Many prominent media outlets have recently taken note of this trend, with Hong Kong's South China Morning Post commenting: "Global trade routes are being transformed, and shipping companies are adapting to the new reality."
Maersk CEO Vincent Clerc put it bluntly at a recent conference: “There is strong demand almost everywhere except the US.”
At the same time, routes from China's major ports to emerging markets are also expanding. Experts say the shipping giants' moves show that the structure of global trade is changing, and emerging economies with good growth trends are expected to become important drivers of global trade growth.
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