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CHINA SHIPBUILDING: CCSC boss says 50% of China yards face bankruptcy
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350_92.5k_bulkcarrierTAN ZUOJUN, the President of China’s largest shipbuilder, China State Shipbuilding Corp (market cap: RMB 30 billion), cautions that as many as half of China's shipyards face bankruptcy. He also has good news though: The fittest will grow stronger and gain market share. Read more…