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03 Xu Lirong, China Cosco Shipping Corp and Miao Jianmin, China Merchants Group

Establishing leadership in shipping’s climate change battle is one way for the chairmen of the state-owned Chinese conglomerates to grow their global sway

The fast-changing shipping market complicated by rising geopolitical uncertainness will be a continuing test for the legacy of Capt Xu, who’s reaching his retirement age and, at the same time, is posing new challenges for Miao Jianmin, the newly appointed head of China Merchants Group

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