Singapore confident in growth despite Chinese slowdown

The central location of Singapore in South East Asia acts as a buffer against the Chinese decline, Singapore Shipping Association tells ShippingWatch. The organization looks instead to Internet trade as the market of the future for the shipping industry.

Photo: Ed Wray/AP/POLFOTO/arkiv


While many players in the shipping industry look to China in the hopes of an impending recovery, the lower growth in the country does not affect Singapore in a significant way, says Michael Phoon, executive director of Singapore Shipping Association:

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