03 Xu Lirong, China Cosco Shipping Group and Li Jianhong, China Merchants Group
Xu Lirong and Li Jianhong, chairmen of China Cosco Shipping Group and China Merchants Group, respectively, are champions of globalisation and China’s opening up policies. Their companies will largely benefit from a boost of China’s imports from the US if Beijing and Washington make peace on the trade conflicts. However, they may face a cut in government subsides as the side-effect of a truce
The chairmen and their Chinese giants will continue to flex their muscles in the global shipping arena despite changes in the geopolitical climate
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