YANTIAN Port authorities have pledged to help Hong Kong take back the title of the world's number one container port, which is expected to fall into the hands of Singapore.
Liu Dingtong, vice-president of the Shenzhen Yantian Port Construction Command, said Hong Kong's container port had reached capacity and was likely to be replaced by Singapore as the top container port.
The territory's port development was limited by land supply, high labour costs and land transport links with Shenzhen, he said.
China hits back at US tariffs with vow to take case to the WTO
Decision by Trump administration to impose 10 per cent tariffs on imports from China ‘disrupts normal China-US trade’, Ministry of Commerce says
“The unilateral tariff hikes by the US seriously violate World Trade Organization rules,” the ministry said, adding that the move “not only fails to address America’s own issues” but also “disrupts normal China-US economic and trade cooperation”.
“China strongly opposes and is deeply dissatisfied [with the US decision],” the ministry said in a statement released on its website.
China’s Type 055 destroyer can stop US fleet with unmanned ‘kill web’, war game suggests
Chinese researchers have shown in a simulation how a combination of drones and unmanned boats could battle a US fleet
One warrior skilfully defeating eight assailants is not a scenario that is only confined to a Bruce Lee kung fu movie – it can also happen in the grand theatre of naval warfare, according to a study by Chinese scientists.