This is how China's huge One Belt One Road project affects Maersk

China's astronomical ambitions, aimed at making the Asian trade empire even bigger, will boost global trade. But the country's billion-dollar investments also trap Maersk and other shipping groups in a toilsome vice.
Chinese port Ningbo | Photo: POLFOTO/AP/Eugene Hoshiko
Chinese port Ningbo | Photo: POLFOTO/AP/Eugene Hoshiko
BY LEONORA BECK

China is striking A.P. Moeller-Maersk with a double-edged sword these years. Most observers agree that the huge investments currently being made by China in worldwide infrastructure will strengthen global trade.

Already a subscriber?Log in here

Read the whole article

Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
  • Must be at least 8 characters, including three of: Uppercase, lowercase, numbers, symbols
    Must contain at least 2 characters
    Must contain at least 2 characters

    Get full access for you and your coworkers

    Start a free company trial today

    Share article

    Sign up for our newsletter

    Stay ahead of development by receiving our newsletter on the latest sector knowledge.

    Newsletter terms

    Front page now

    Further reading