China is adapting a “new normal” with slower growth. But this does not necessarily mean fewer opportunities. They are just changing and the new developments will hold plenty of opportunities for the Maersk Group due to the Group’s trusted name in China.
Partnering with Fuyao Group
Being the second-largest glass manufacturer in the world requires an efficient and transparent supply chain for its global logistics. The Fuyao Group has partnered with Maersk Line with a view to fulfilling this need.
Maersk Line and Chinese conglomerate Sinochem have been business partners for years, but their partnership is also a consultative one, with mutual learning from each other to grow with their respective global strategies.
Every year thousands of Africans go to China to shop. They purchase so much that it takes containers to bring the goods back home, and fellow Africans have set up shops in China to help facilitate the trade.
For every container shipped overseas, a maze of processes and paperwork threatens its journey with lost or inaccurate information that is a costly drag on trade. An industrial PhD working in Maersk Line says there is a far simpler way – and he is building it.
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