Part 1/11:
The Decline of Hong Kong's Container Shipping Industry
Once a dominant force in the maritime sector, the Quai Shing Container Terminal, which accounted for a staggering 80% of Hong Kong's container throughput, now faces a steep decline. The once-bustling terminal now resembles a parking lot of rusting trucks, idling as a result of a 70% plunge in cargo volume. Truck drivers and owners, like Mr. Chen, lament their inability to find work, reporting that their accounting books figuratively bleed red.