Asian trade remains robust, but not all ports are seeing the benefit. Container handling by COSCO Shipping Ports in China climbed 5% on a year earlier when adjusting for the restructuring at its Dalian port complex. That lagged the 8% seen across the mainland in part because of an 8% drop in handling at its Shanghai Pudong facilities. Congestion is likely the main reason for the Shanghai slowdown. Separately handling in Hong Kong also struggled, with a 4% drop on a year earlier being the third decline in the past four months.
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