02 Wan Min, China Cosco Shipping Corp and Miao Jianmin, China Merchants Group
The two state-owned conglomerates and their respective chairmen know better than any other shipping companies about the Middle Kingdom’s heft and the good and bad it can bring to the business
To sink or swim might be a luxury for Cosco Shipping and China Merchants; market competition is unlikely to defeat the pair, while the China-US hegemonic struggle remains the source of the biggest uncertainty
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