航运业受到贸易保护主义的挑战

Trade protectionism is challenging the shipping industry

随着贸易壁垒的叠升,资本流出新兴市场经济体,地缘政治风险不断攀升,由此带来的不利影响已显而易见.

The effects of rising barriers to trade, capital flowing out of emerging market economies, and the elevated geopolitical risk are now clear to everyone. New global export orders(goods) fell for the first time in two years, as the Global PMI indicator dropped to 49.7 in September from 50.3 in August, ending two years of solid trade growth. Moreover, the rate of expansion in production fell to a two-year low at 52.4. If we put this into a longer-term perspective, global trade grew quite slowly between 2012-2016. Is this a return to the ‘new normal slow growth' environment? It could very well be. After two years of brighter prospects for economic growth and trade, prosperity has been brought down by adverse trade politics. This naturally brings a challenging trade outlook for the shipping industry–on both sides of the world.