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15 December 2019 The on-line newspaper devoted to the world of transports 03:22 GMT+1



December 21, 1998

China's shipbuilders struggle to stay afloat

[BEIJING]

China's shipbuilders are finding themselves in the doldrums after the Asian financial crisis devalued regional currencies and made their overseas competitors cheaper, official media said yesterday.

The Chinese industry lost orders of around 1.8 million deadweight tonnes (dwt) to foreign competitors during the first nine months of the year, the ......
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