Washington policy-makers consider China Ocean Shipping Co. (COSCO) a threat to market capitalism and national security. Its rates are restricted, its trade in American ports monitored. The company has been embroiled in national controversies ranging from a crash in New Orleans to gun smuggling in San Francisco. A task force of the U.S. House of Representatives calls COSCO Shipping a front of Chinese intelligence - a thinly veiled arm of the Chinese military.
EXCLUSIVE: China secretly shippi...