Bankruptcy warning for yard
Agence France-Presse in Taipei
Taiwan's debt-ridden China Shipbuilding Corp (CSBC) may go bankrupt
before the end of the year as its losses snowball.
State-run CSBC had planned to make NT$300 million (about HK$71
million) in the second half of 1989 and 1990, but instead it lost
NT$6.5 billion during the period, the China Times report said.
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