China Business & EconomyContainer Shipping Industry in Crisis as China Demand CavesSavePrintShipping containers at a port in Lianyungang, Jiangsu Province, China, on Sept. 8, 2018. China Out/ReutersChriss Street4/7/2020|Updated: 4/7/2020News AnalysisMoody’s Investors Service downgraded the container shipping industry’s solvency to “negative” and warned that cash flow may fall by 30 percent as China demand caves.Share this articleLeave a commentChriss StreetAuthorAuthor’s Selected ArticlesChina’s Official Food Reserves Data Called Into QuestionJul 31, 2020China Floods Causing US Agricultural Export BoomJul 27, 2020US Set to Reshore Manufacturing as China Demographic Time Bomb ExplodesMay 01, 2020CCP Virus Threatens to Destroy China’s $3.87 Trillion Belt and Road InitiativeApr 22, 2020Related Topicsglobal shippingshipping industrymaerskchina demandCOVID-19