Box ship building in China hits new heights with 68.5% of global orders
China has become the undisputed front-runner in containership building, with an orderbook, extending to 2030, ...
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By Alex Lennane
The news from China’s manufacturing sector is good – HSBC’s PMI has made it over the magic number of 50. According to the stats, there has been an increase in export orders. What is slightly mystifying though is where these orders have come from, given the general global misery. And how does a slight rise in manufacturing translate into GDP growth of more than 8%?
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