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
Not very good news. China’s manufacturing grew at a weaker pace in April than it did in March, in “disappointing” figures. The slowdown spread across Asia, to Korea, Japan and Taiwan as global demand remains weak. The Chinese economy still grew at 7.7% in the first quarter ? a figure most developed countries can only dream of ? but it missed forecasts.
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