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06 December 2019 The on-line newspaper devoted to the world of transports 16:01 GMT+1

December 29, 1998

China shipping firms told to buy locally-built vessels

Domestic yards' competitive edge blunted by currency devaluations of Asian rivals


China's State Council, or cabinet, has ordered domestic shipping companies to purchase indigenously built vessels to help the nation's struggling shipbuilders, the official Xinhua news agency said.

"The State Council and the Ministry of Communications have ordered ......
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Vincenzo Miele

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