China lays out plans to restructure ailing shipbuilding sector - Economic Times

Economic TimesChina lays out plans to restructure ailingshipbuildingsectorEconomic TimesSHANGHAI: China has laid out a detailed three-year plan to restructure its massiveshipbuildingindustry, urging local governments to halt approvals of new projects and companies to move up the value chain by building high-tech vessels. The plan...