Wall Street Journal: China to approve P3 in June

The Wall Street Journal reports that two sources familiar with the proceedings have informed that China will approve the P3 alliance in June.
Photo: Maersk Line
Photo: Maersk Line
BY TOMAS KRISTIANSEN

Following the EU's decision to clear the P3 alliance between Maersk Line, MSC, and CMA CGM, China is now ready to approve the comprehensive collaboration between the three container carriers, reports the Wall Street Journal, referring to two sources that are "familiar with Beijing's thinking," as the newspaper says.

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