Is China’s elusive V-shaped recovery helping shipping?
Although the People’s Bank of China has introduced a series of measures since the virus outbreak they are clearly not reinvigorating the economy, which in turn is hurting the demand for ships. As such a V-shaped recovery looks elusive
In the longer-term, the coronavirus outbreak will lead to a deeper reconfiguration of supply chains as manufacturers look to mitigate a perceived over-reliance on Chinese manufacturing
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