Rongsheng Earnings:Shipbuilder'sCash Position WeakensWall Street JournalBEIJING—One of China's biggestshipbuilders, which last month issued an unusual call on the government for financial support, posted a first-half loss of 1.3 billion yuan ($212 million), massively running down its cash stores in order to sustain its...
Rongsheng Earnings:Shipbuilder'sCash Position WeakensWall Street JournalBEIJING—One of China's biggestshipbuilders, which last month issued an unusual call on the government for financial support, posted a first-half loss of 1.3 billion yuan ($212 million), massively running down its cash stores in order to sustain its...
