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Cosco Shipping Ports aims for expansion despite slow economy

Unfavourable macro conditions will not stop the state port giant from taking an active approach in acquiring and developing ports in the overseas markets, says CSP chairman Zhang Wei. When it comes to greenfield projects, the company is confident about its ability to significantly reduce the payback period compared to its rivals

Zhang Wei says the port company has no plan to decelerate the expansion of its global footprint

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