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China’s Belt and Road Initiative to Stimulate Shipping
China’s Belt and Road Initiative seeks to create US$2.5 trillion of extra international trade over the next 10 years and so is an exciting prospect for a shipping industry needing stimulation, says Tim Smith, Chairman of Maersk China Limited.
Also speaking beside the Asian Logistics and Maritime Conference 2016, Ahmed Bin Sulayem of DP World expects Hong Kong to play a major role in the Initiative, a headline theme at the conference.
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