SINGAPORE: Political tensions between the United States and China are contributing to lower container shipments between the world's two largest economies, on top of an already-underway reshaping of global trade, according to a major shipping industry boss. 'We are seeing a deleveraging of trade between the United States and China,' Jeremy Nixon, chief executive officer of Ocean Network Express, said at the Capital Link Singapore maritime forum. 'Many companies in the United States are looking to reduce the amount of imports they have got coming from China.

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