💨 Abstract

The U.S. trade investigation concluded that China uses unfair policies to dominate the global maritime, logistics, and shipbuilding sectors, with practices such as financial support, barriers for foreign firms, forced technology transfer, and intellectual property theft. China is accused of artificially suppressing labor costs and expanding its share of the global shipbuilding industry to over 50% from around 5% in 2000.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖