Overcapacity looms for shipbuilders
BEIJING, July 5 -- Signs are emerging of the plethoric capacity of China's shipbuilding sector amid booming global demand for new vessels.
Shipbuilding capacity in the country will exceed 40 million deadweight tons a year in 2010 if new shipyards planned by investors are completed, according to data from China Association of National Shipbuilding Industry
...... Read more on Xinhua News Agency
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