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23 September 2020 The on-line newspaper devoted to the world of transports 01:46 GMT+2

December 21, 1998

China's shipbuilders struggle to stay afloat


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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