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2026-10-05 China-Japan-Koreas
The US said China was priming a trade superweapon. Then it vanished.
WENZHOU, China/TOKYO, Oct 5 (Reuters) - Four years ago, the United States warned that China was poised to unleash a trade superweapon: a state-backed digital dragnet that would rapidly expand across the globe and give Beijing unprecedented insight into the flow of international cargo.

The LOGINK platform promised to streamline global shipping by providing a digital system to exchange logistics data from customs authorities, ports and third-party transport services, replacing paper processes.

Instead, the venture suffered a stunning reversal, reported here ​for the first time. Its flagship global partnerships have stalled, it dropped out of an international maritime association, and it has become mired in domestic lawsuits over unpaid bills, according to interviews with more than 20 shipping industry insiders and officials, as well as a Reuters review of legal ‌filings.

When a reporter visited LOGINK’s operations hub in the coastal city of Wenzhou in September, the offices appeared abandoned: lights off, reception bare, computer cabling stripped out.

Calls and emails to LOGINK went unanswered. China’s transport ministry declined to answer questions. The ministry in June, however, issued a policy document calling for the system to be connected to more domestic data streams. # id) ?>
Posted by Skidmark 2026-10-05 10:12|| E-Mail|| Front Page|| ||Comments [39 views ]  Top
 File under: Commies 

1 3 things pop out.

1) The Chinese don't have the knowledge to make this work. They steal and bribe/buy other countries businesses and make them do it, but when forced to do it themselves they fail.

2) They don't have the infrastructure. This takes data centers, terminals, large internet/intranet pipes, and custom software to bring this online. They are missing some or all of the parts.

3)Money. All this takes money. A metric fuck ton of billions of hard dollars. China has a huge problem keeping hard foreign currency with nations decoupling and their own currency is worthless for that. They can't pay for it overseas and can't pay for it domestically as their economy is still heading south.
Posted by DarthVader 2026-10-05 13:07||   2026-10-05 13:07|| Front Page || Comments   Top

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