Hong Kong’s Cargo Terminal Operators Team Up to Turn the Tide
Buffeted by economic headwinds and intensifying competition, Hong Kong’s cargo terminal operators are banding together in a bid to arrest the autonomous territory’s decline as a global shipping hub.
One of the world’s busiest ports, Hong Kong has long thrived thanks to its position as a conduit for goods moving in and out of China, particularly when much of the mainland was closed to foreign trade before it began to open its markets in 1978.
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