China Merchants Group, which celebrated its 140th anniversary yesterday, said it would continue to invest in Hong Kong's logistics sector in light of growing domestic consumption on the mainland.
The year ahead would be challenging, especially for the shipping industry, due to the uncertainty in the global economy and excess capacity, said Fu Yuning, chairman of China Merchants. The port business, on the other hand, would be in a much better position as cargo demand would improve slightly. Reported by S.China Morning Post 2 hours ago.
The year ahead would be challenging, especially for the shipping industry, due to the uncertainty in the global economy and excess capacity, said Fu Yuning, chairman of China Merchants. The port business, on the other hand, would be in a much better position as cargo demand would improve slightly. Reported by S.China Morning Post 2 hours ago.