On April 26th, the Office of the United States Trade Representative announced the final measures of the 301 investigation into China’s maritime, logistics, and shipbuilding sectors. George Kosiradakis, President of the Greek Shipping Finance Association, stated that the US actions are not only unfair to China, but also to other countries including Greece, and that the US actions will disrupt the global trade order. In recent years, China’s shipbuilding industry has developed rapidly, and China has become the main supplier of ships to Greek shipping companies. There are no shipyards that can replace or undertake China’s shipbuilding capacity. (CCTV News)
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