China's behemoths boost the country's maritime vision

China's escalating acquisition of ports and carriers is a sign of its commitment to its political vision of becoming a maritime superpower, prompting concern among European carriers, which have allegedly called for political attention to the matter – both nationally and within the EU. Next week's meeting of the Box Club will no doubt also revolve around the issue.

Photo: Foto: Cosco Dalian Shipyard

"'One can go fast when walking alone and go further when walking together'. In the 145-year history, China Merchants Group always worked with our motherland to prosper and developed in step with current trends to the benefit of us and our partners. In 2017, we will join hands with all friends and partners to nurture industrial ecosystems and shape a brighter future."

These are the words of Li Jianhong, Chairman of one of China's most powerful companies, China Merchants Group, when setting the agenda for one of the rapidly expanding companies in the maritime sector.

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