China’s Cosco Shipping Rejects U.S. Accusations on Shipbuilding Industry
China’s Cosco Shipping Rejects U.S. Accusations on Shipbuilding Industry
Blog Article
China's state-owned maritime giant, Cosco Shipping, strongly denied recent U.S. allegations claiming unfair practices in the Chinese shipbuilding and logistics sectors. The U.S. had accused China of using subsidies and state support to dominate global shipping, distorting competition and threatening international trade norms. In response, Cosco labeled the claims as "groundless" and politically motivated, asserting that China’s shipbuilding success stems from innovation, market demand, and legitimate policy support. The company warned that such accusations could escalate trade tensions and harm the stability of global supply chains.
China's state-owned conglomerate, Cosco Shipping, has publicly rejected recent U.S. accusations targeting China's shipbuilding and logistics industries. In an official statement released on April 21, 2025, Cosco argued that the U.S. measures undermine fair competition and disrupt the normal operational order of the global shipping industry. This protest reflects ongoing tensions between the U.S. and China regarding trade and maritime policies
https://pakistanchronicle.com/
Cosco Shipping has issued a formal protest against the U.S. government's recent actions, which include port fees and trade barriers allegedly targeting China's shipbuilding and maritime logistics sectors. Cosco argues these measures are unjustified and part of broader geopolitical tensions aimed at undermining China’s global shipping influence. The company emphasized its compliance with international norms and called for dialogue instead of economic confrontation.
Report this page