Tony Sagami - Veteran investment advisor and a leading expert on Asian markets.

Pacific shipping traffic to slow?

by Tony Sagami on October 16, 2008

in Asian Market, Stock Market in China

China Shipping Container Lines forecast that shipping traffic will dropnext year. If that’s true, it would be the first time in four years.

“Traffic will drop at least 10% for the full year. An even much larger drop is possible, as the full impact of theglobal economic turmoil is yet to come.”

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