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CMA CGM confirms Chinese pressure after sky high container rates

As the first big container line, CMA CGM now confirms that China is putting pressure on container majors, as described by ShippingWatch a few months back. According to CMA CGM's chief executive, China wants to cap rates, he tells Financial Times.

Rodolphe Saadé, chief executive officer, CMA CGM. | Photo: PR / CMA CGM

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