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Ports & Terminals

Xiamen Port reaps benefits of China-Taiwan zone plan

Baird Maritime

Since the Chinese Government approved a Taiwan-focused economic zone, shares at Xiamen International Port, the operator of the biggest harbour in China's Fujian province, have jumped 22 percent to HK1.56 (US$0.20) in Hong Kong trading.

Xiamen Port

The State Council, China's cabinet, gave its in-principle approval to the creation of an economic zone on the western shore of the Taiwan Strait, following a prior decision by Taiwan to allow Chinese investment in the island for the first time since a civil war ended six decades ago.

Tracey Jia