Independent journal on economy and transport policy
19:41 GMT+2
Economy slows shipyards' IPO plans
(China Daily)
April 8, 2009
By Tong Hao (chinadaily.com.cn)
The IPO hopes of China Shipbuilding Industry Corp (CSIC), one of the country's largest shipyards, are being obstructed by the deteriorating shipbuilding industry worldwide, an industry supervisor said.
“The possibility of CSIC to get listed in 2009 is quite low due to the industrial downturn,” said Zhang Guangqin, president of China Association of the National Shipbuilding Industry ...... Read more on China Daily
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