Bimco: China growth ambition good news for shipping
China wants to raise its GDP by 7.5 percent in 2014, and a strong China is fundamental to the industry's return to sustainable markets, says Bimco chief analyst Peter Sand.
BY KATRINE GRØNVALD RAUN
In 2014 China plans to increase its GDP by 7.5 percent, said the country's prime minister Li Keqiang at the annual meeting with the Parliament recently, and even though the number is slightly lower than 2013's 7.7 percent goal, the announcement still comes as good news to shipping, says Peter Sand, chief analyst at Bimco.
Already a subscriber?Log in here
Read the whole article
Get access for 14 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
Get full access for you and your coworkers
Start a free company trial todayRelated articles:
China increases iron ore import
For subscribers
Bulk carriers hopeful ahead of record-high soy bean harvest
For subscribers
Bimco: Virtually all indicators point in the right direction
For subscribers
.jpg&w=384&q=75)
