Independent journal on economy and transport policy
15:41 GMT+2
CHINA'S CONTAINER INDUSTRY IN DIRE STRAITS AFTER PRICE CUTS
(Shipping Times)
December 31, 1997
[SHANGHAI]
China's container industry is paying the heavy cost of becoming the largest producer in the world with a capacity to produce all the containers the world needs.
Heavy price cutting has earned China the dubious honour of replacing South Korea as the world's top producer in 1993 with a 30 per cent share of the global market, but has also cost Chinese ...... Read more on Shipping Times
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