Will We See a Similar Downturn in the Market as We Did During the 2008 Shipping Crisis?
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OCTOBER 14, 2022
Today, we take a comparative look between the 2008 Shipping Crisis and the Shipping Crisis of 2020-2022. When the 2008 crisis hit, one could argue that it was the result of China’s Open Door Policy initiated by Deng Xiaoping. Maritime trade has always had its ups and downs due to product cycles throughout history. Conclusion.
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