China’s Cosco Group is hoping for further government support for state shipping to emerge from this week’s National People’s Congress session.
Meanwhile, the group is attributing last year’s return to profit to good management measures, and is looking ahead by developing an “anti-cycle strategy” to prevent future catastrophes of the kind that engulfed it in 2008 and almost got its flagship company, China Cosco Holdings, delisted from the Shanghai Stock Exchange.
