Independent journal on economy and transport policy
08:35 GMT+2
China to overtake Korea as world's No. 1 shipbuilder
(The Korea Herald)
November 30, 2010
South Korean shipbuilders are likely to be outpaced this year by Chinese competitors with surging freight demand, government subsidiaries and cheap labor.
It will be the first time that Korea, home to seven of the world's top 10 shipyards, will have lost the No. 1 slot since 2003, when it finished behind Japan ...... Read more on The Korea Herald
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