China will be sorry if it adopts nationalistic industrial policies aimed at creating a “China Inc”, Greek owner George Procopiou warned a top-level audience in Beijing.

LNG evangelist Procopiou has an upbeat view of global economic development because of increased access to cleaner, more abundant and cheaper energy to power technological advances.

“My view is that the world is going to enter a new cycle of prosperity,” Procopiou told a crowd of fellow shipowners and other delegates at the Export-Import Bank of China (CExim) shipfinance forum.