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You are here: Home Archive 2009 November Weekly Edition 19th November 2009 Chinese shipping leaders rail against US protectionism

Chinese shipping leaders rail against US protectionism

by Keith Wallis, Qingdao last modified Nov 19, 2009 02:41 PM

A RAFT of China’s top shipping leaders have warned the looming threat of protectionism could derail the recovery in global trade and the shipping markets.

Going further, BIMCO chairman Robert Lorenz-Mayer said protectionist measures could erupt into a trade war.
Outlining the threat posed by the imposition of national taxes and tariffs, China’s transport minister Li Shenglin said: “Short-sighted and irresponsible, any form of...

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