Independent journal on economy and transport policy
19:48 GMT+2
China's container makers battered by falling prices
(Shipping Times)
July 27, 1998
[BEIJING]
A long price war has decimated the ranks of China's shipping container manufacturers, about 70 per cent of which are operating in the red, the official China Daily Business Weekly reported yesterday.
Smaller firms among the country's 40-odd makers are expected to perish or bail out as continually falling prices push profit margins to the breaking ...... Read more on Shipping Times
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