Hong Kong’s port was ranked number seven in the world last year, slipping out of the top five busiest container terminals for the first time. Photo: Martin Chan

Hong Kong shipping could get a shot in the arm from China state-owned firms, says China Merchants

  • Government-backed companies could compliment the business models of private firms in the financial hub, says China Merchants Energy Shipping
  • State and private collaboration could boost development of Greater Bay Area and help the performance of Hong Kong port, state firms says
Topic |   China economy

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Hong Kong’s port was ranked number seven in the world last year, slipping out of the top five busiest container terminals for the first time. Photo: Martin Chan
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The trading and logistics industry is one of Hong Kong’s economic pillars, accounting for 21 per cent of gross domestic product. Photo: Roy Issa

US-China trade war has caused major shift in global trade landscape, says Li & Fung

  • US-China trade war has created an increasingly complex global trade environment, especially for the logistics industry, says global trading group Li & Fung
  • Companies should diversify their sourcing base to avoid tariffs and consider onshoring in major consumer markets, Hong Kong company says
Topic |   China economy

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The trading and logistics industry is one of Hong Kong’s economic pillars, accounting for 21 per cent of gross domestic product. Photo: Roy Issa
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