ASIA

A mixed bag of Chinese fortunes

13 years ago

Henrik Pedersen, chief executive of APM Terminals’ Asia Pacific region which operates seven joint venture terminals in China from Dalian in the north to Guangzhou in the south, says the performance of the company’s Chinese terminals last year had been a “mixed bag” due to lower than expected GDP growth, along with weak market demand from the US and Europe.

"We expect 2013 to be a challenging year and we will continue to work towards our targets in terms of volume as well as profit," Henrik Pedersen, APM Terminals

Henrik Pedersen, chief executive of APM Terminals’ Asia Pacific region which operates seven joint venture terminals in China from Dalian in the north to Guangzhou in the south, says the performance of the company’s Chinese terminals last year had been a “mixed bag” due to lower than expected GDP growth, along with weak market demand from the US and Europe.