Analysts: China not likely to be lifeline for dry bulk

Dry bulk carriers should not pin their hopes on the current boom in China's economy. Stimuli from fiscal policy were the drivers of increased demand and now it seems the country's government will try and slow down the housing market, two analysts tell ShippingWatch.
Photo: Andy Wong/AP/Polfoto
Photo: Andy Wong/AP/Polfoto

The worst is over and the situation is starting to look brighter, according to statements from a number of dry bulk carriers as they look to the end of several years of weak demand and declining freight rates.

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