China’s yard overcapacity problems to remain for coming five years

Beijing: China’s bloated shipbuilding scene is unlikely to rectify itself for most of this decade, a senior shipyard official has warned.
Zhang Guangqin, president of the China Association of the National Shipbuilding Industry (Cansi), told China Daily that it would take “at least five years” to digest the surplus capacity in China's shipbuilding sector.  [02/01/13]

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