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Nikkei Markets

China Merchants Port looks to Southeast Asia amid trade war

Port operator's profit growth in first half driven by one-off gain

Rising uncertainty over the outcome of the trade war are forcing companies to take a relook at where they manufacture goods.    © Reuters

HONG KONG (Nikkei Markets) -- China Merchants Port Holdings is looking for targets in Southeast Asia, chasing emerging opportunities as manufacturing supply chains look to the region to escape pain being inflicted by the Sino-American trade war.

The ports operator, which controls some 36 ports in 18 countries and regions across the world, currently doesn't have a port in Southeast Asia.

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