November 2nd, 2017

China’s Party Congress

Implications for dry bulk

The recent Communist Party Congress in Beijing further strengthened Xi Jinping’s position as the party’s General Secretary for the next five years. The top job in the 19th Politburo’s Standing Committee (PSC), by implication, is also the leader of the world’s second largest economy; an economy that more than any other influences the demand for dry bulk commodities. Whilst the link between the political events in Beijing and the outlook for dry bulk shipping demand is far from obvious, there are a few clues to enable us to make some assessment.

 

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