Maersk prepares for new China

A.P. Moeller-Maersk is preparing for a Chinese economy fundamentally different from the current one, over the next ten years, says CEO Nils Smedegaard to Bloomberg.

Photo: Thomas Borberg

As China goes after bigger growth, with a focus on consumer demand instead of relying on exports, the country becomes more interesting for companies such as A.P. Moeller-Maersk, which believes that China will need significantly bigger import over the next decade, writes Bloomberg.

“We are investing in our China outfit, as we’re in the process of building a big organization there so that we can help customers who are interested in exporting to China,” says Niels Smedegaard to Bloomberg.

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