China's port operators harbour global ambitions

China’s port operators look set to either consolidate or expand overseas as the country adapts to a slowdown in trade and overcapacity in the sector.

China's port operators harbour global ambitions

The port complex of Zhoushan on China’s largest archipelago has long been lumped together for statistical purposes with Ningbo on the mainland. However, it’s just over a month since the two rival neighbours finally merged, illustrating a sea change in the Chinese shipping and ports sector as the state step up its efforts to tackle overcapacity and overhaul the bloated state-owned sector. 

Located at the southern end of Hangzhou Bay, which borders Shanghai...

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