BMI maintains its cautious outlook for the Chinese port and shipping sector, highlighting that indicatorscontinue to align to back our view of a slowdown in China''s economic growth. We are forecasting real GDPgrowth of 7.5% in 2013. Two strategies due to be unleashed in China''s domestic shipping sector reflect ourview on the tough operating environment in the country''s internal shipping market, adding further weight toour forecasts of a slowdown in the country''s economic growth and our fears of a potential hard landing.Firstly, the tactic of COSCON and CSCL joining forces on domestic routes is a strategy BMI expects to beutilised by other major box lines in 2013, ...
Thanks for the great post on the blog, I'll be sure to check for updates soon.
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