Chinese ports not over-doing capacity
Chinas Communications Minister Zhang Chunxian has rejected suggestions that the countrys major port expansion programme will create a capacity glut. He noted that the building programme would simply meet future demand whilst easing congestion at existing facilities. He also noted that some ports cannot be upgraded and therefore new ports would have to be built given that the country is expected to be handling anything up to 140m TEUs by 2010, effectively double todays volumes.
Chinas Communications Minister Zhang Chunxian has rejected suggestions that the countrys major port expansion programme will create a capacity glut. He noted that the building programme would simply meet future demand whilst easing congestion at existing facilities. He also noted that some ports cannot be upgraded and therefore new ports would have to be built given that the country is expected to be handling anything up to 140m TEUs by 2010, effectively double todays volumes.