Panel: Chinese Investments to Boost Trade Come as U.S. Commercial Shipping in Decline

Chinese sailors watch a People’s LIberation Army Navy (PLAN) ship pull into Djibouti. Xinhua Photo

China, through its ongoing One Belt/One Road Initiative, is increasingly challenging the United States’ ability “to move freely in a business environment and across the oceans,” the retired vice admiral heading one of the nation’s top trade groups said Monday.

Speaking at the Center for Strategic and International Studies on Monday, retired Vice Adm. Andy Brown warned, “over time, our ability [to...

https://news.usni.org/2018/10/02/panel-chinese-investments-to-boost-trade-come-as-u-s-commercial-shipping-in-decline

Leave a Comment

Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.
icon