Disruption on the Docks
The fastest-growing container trade in the world is intra-Asian trade. It is here that the business case for automated terminal investment is strongest.
The fastest-growing container trade in the world is intra-Asian trade. It is here that the business case for automated terminal investment is strongest.
With the “Belt and Road” initiative, the fast establishment of the Asian Infrastructure Investment Bank, the construction of ports and railways in Africa and elsewhere, and by pushing green energy, China is demonstrating what has been lost in the West in recent times.
What is new about China’s Belt and Road is that it is more likely to succeed outside of Eurasia, leading to new opportunities but also unexpected challenges for Europe and the United States.
Asia’s economic growth has fueled a boom in infrastructure investment across the region. China has taken a lead role with its newly launched Asian Infrastructure Investment Bank and its Belt and Road Initiative — also known as “One Belt, One Road” — which aims to improve connectivity and cooperation between China and the rest of Eurasia.