The U.S. said China was priming a trade superweapon. Then it vanished.
It could not be established why the LOGINK platform championed by Beijing as a "key project" spiraled into financial and legal troubles.
Four years ago, the United States expressed concern that China was developing a trade superweapon: a state-backed digital platform called LOGINK. This system aimed to streamline global shipping by digitizing logistics data exchange among customs authorities, ports, and third-party transport services, eliminating the need for paper processes.
However, the LOGINK project has seen a dramatic turn of events. Its key partnerships for global deployment have hit roadblocks, the company has withdrawn from an international maritime association, and it is now embroiled in domestic legal battles over unpaid bills, according to insights from over 20 individuals within the shipping industry and officials, as well as an analysis of legal documents.
Written by urgent.news from Japan Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
