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What is happening in China and Asia's container trades?
According to reports, China is both is steadily emerging from recession while also doomed to languish in the doldrums for at least another two years. The country has both too many and too few ports.
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Manufacturing is rapidly migrating to even lower cost countries in SE Asia and also moving inland to China's vast rural areas, while steadfastly remaining in its traditional economic heartlands. Intra-Asia container trades are both suffering and surviving, while Asia's next maritime eldorado will be India, or Vietnam, or Indonesia, or ...? |
These often conflicting messages make it doubly harder for the container shipping and ports sector to plan their responses to the economic upswing ...when it comes!
Can they assume the same growth rates witnessed in the previous decade, or will they find themselves in a more mature industry with only modest rates of increase? And how have they responded to the present downturn? Knee-jerk cost-cutting, or using the time profitably to effect crucial upgrades to equipment and processes?
In a hugely uncertain world, TOC Asia will cut through the obfuscation to give you a clearer picture of what is really happening in the Asian shipping and ports industries.
Themes for the TOC Asia 2010 conference include: