Independent journal on economy and transport policy
19:41 GMT+2
Shipbuilding industry in China has titanic money problems
(WantChinaTimes.com)
June 1, 2015
Statistics compiled by reporters of Chinese online business news service Caixin show that five major shipbuilding enterprises in China have gone bankrupt over the past six months.
In December 2014, Ming De Heavy Industry, the leading shipbuilder in Nantong, Jiangsu province, was told by its creditors to undergo bankruptcy reorganization ...... Read more on WantChinaTimes.com
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