COSCO PRESIDENT MEETS FMC CHAIRMAN AND GENERAL HAIG

   Wei Jiafu, president of the China Ocean Shipping Co. group, has met Harold Creel, chairman of the U.S. Federal Maritime Commission, during a visit to Washington.
   "President Wei briefed him on COSCO’s operation ideology, the relationship between COSCO Group and American investors, the development process of COSCO Group, and the role COSCO Group played in Sino-American trade relations," a spokesman for COSCO said.
   The COSCO president also met senior officials of the U.S. Maritime Administration.
   In addition, COSCO reported that Wei visited General Alexander Haig, the former U.S. Secretary of State who is now on the board of advisers of the COSCO group.
   The Sino-American meetings happened as maritime tensions between China and the U.S. are running high. In June, the FMC decided to get prepared to impose sanctions against Chinese maritime-related companies to retaliate against China’s unfair practises against non-Chinese carriers.