Ports in the rest of Asia will need significant investment to match the capacity of Chinese harbours, according to analysis that shows how western businesses could struggle to loosen ties with the world’s largest exporter.
US and European companies have signalled their intent to shift some of their manufacturing from China to India and countries in south-east Asia, amid rising geopolitical tensions between Washington and Beijing.
However, shipping industry figures caution that other countries in the region will have to invest in ports infrastructure as well as manufacturing capacity to handle the mega-container ships that drive world trade.