CHINA: TRADE EXPLOSION BOOSTED BY BOOM IN BULKERS

The People's Republic of China is developing into a major international trading nation with shipping movements to and from China showing sharp growth in the volume of dry cargo tonnage in 1977 and 1978. The article states that the Chinese are engaged in a major industrial development program over a short time span involving substantial growth in the import of capital goods. Llyod's predicts an increase in exports also, especially oil, coal and textiles, to offset the large trade deficit. The article includes a discussion of China's port development and investment plans and a detailed look at Chinese acquisition, at bargain prices, of modern tonnage, especially bulk carriers and unitized vessels. A number of charts and tables illustrate the fact that China's is the fastest growing fleet in the world.

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    Lloyd's of London Press Limited

    Sheepen Road
    Colchester, Essex CO3 3LP,   England 
  • Publication Date: 1979-2

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  • Accession Number: 00315041
  • Record Type: Publication
  • Files: TRIS
  • Created Date: Aug 27 1980 12:00AM