Chinese private shipping sector to play bigger role amid global volatility, says Wah Kwong’s Hing Chao
- Over-emphasis on state-owned enterprises could become a vulnerability in an increasingly volatile market, Chao said
- Chinese private owners are poised to play an even more critical role in expanding China’s maritime influence, he added
As trade uncertainty mounts, China’s private shipping lines can team up with each other and state-owned players to secure maritime operations
