Trade tensions put China ports growth at risk
The tariff war was expected to reduce container throughput growth in China over the next 12 to 18 months, which would be a credit negative for the country’s port operators, Moody’s said. The ratings agency added that growth might be flat this year at the worst
Despite Moody’s stark warning for ports, China Merchants Port Holdings, Hutchison Port Holdings and Shanghai International Port Group are still expected to manage these challenges
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