Independent journal on economy and transport policy
19:36 GMT+2
Chinese shipyards see 50% fall in export orders
(Shipping Times)
August 14, 1998
Decline in 1st-half due to competition from S Korean, Japanese rivals
By Felix Chan
[SINGAPORE]
Foreign newbuilding orders received by Chinese shipyards sank in the first half of the year as the fledgling shipbuilding industry struggled to compete with currency devaluations enjoyed by its South Korea and Japanese rivals.
New export orders received by China ...... Read more on Shipping Times
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