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US trade crackdown batters Chinese shipping and shipbuilding stocks

  • Yangzijiang Shipbuilding share price has plunged 16% since Friday as US targets China-built ships and their operators
  • Other Chinese maritime stocks also fall
  • Trade crackdown reflects US-China tensions, shocks global shipping
  • China’s dominant shipbuilding position seen by some as difficult to displace quickly due to its massive scale, capacity and role in meeting future demand

  • News

Shares of key Chinese shipbuilders and shipowners dropped amid threat from latest USTR plan, but some experts believe China’s shipbuilding sector will withstand the pressure

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    This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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