China remains paramount in the bulk carrier pantheon. This is becoming increasingly worrisome for the bulk carrier market, as the urgent issues in President Xi’s in-tray stack up in a year he would have wished would go smoothly as he seeks a constitution-busting third term in office. As the cult of personality builds around him, he must take on personal responsibility for a slowly imploding property market, managing the pandemic, rising energy and commodity prices driving factory gate and foods...
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