Cosco acquisition sign of Chinese “consolidation”
The acquisition of Orient Overseas Container Line (OOCL) by Chinese state-owned Cosco and Shanghai International Port Group (SIPG) signifies the agglomeration of the Chinese state-owned enterprises involved in the port sector, an analyst has said.
The acquisition of Orient Overseas Container Line (OOCL) by Chinese state-owned Cosco and Shanghai International Port Group (SIPG) signifies the agglomeration of the Chinese state-owned enterprises involved in the port sector, an analyst has said.
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