Cosco ports expansion not impacted by pandemic
CSP says it will ‘keep a close eye’ on the declining valuation of global terminal assets to seek acquisition opportunities in regions such as Southeast Asia, the Middle East and Africa. It has more than $1bn cash in hand
The Chinese state giant is unwavering in its ambitions in theface of the rising Sino-US tensions and the coronavirus backdrop, saying it aims to build hub ports, gateway ports and strategic terminals abroad via controlling stakes to improve its profitability