China Briefing News

China Regulates Cargo Owners’ Investment into Domestic Shipping Industry

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China is tightening regulations on investment by cargo owners into the country’s domestic shipping industry in a bid to avoid excess competition amid the continuing global shipping downturn.

Wholly Foreign-owned Shipping Companies to See Relaxed Market Access

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China will moderately relax market access conditions for wholly foreign-owned shipping companies, allowing them to touch a wider scope of business in the country.

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