P3 fails to cross Chinese hurdle
By Zhong Nan | China Daily | Updated: 2014-06-18 07:11
Ministry rejects European shipping alliance plan on fair competition concerns
China's Ministry of Commerce on Tuesday rejected the container shipping alliance proposal floated by three European shipping giants to ensure fair competition in the Asia-Europe shipping market.
The ministry said its decision comes after a thorough review of the proposal under China's merger control rules.
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