State support for the Chinese and Korean shipbuilding industries, makes Japan anxious

Steel Guru. 30 May. 6 minute read.
Japan has expressed concern over the state support that China and South Korea have continued to provide to their struggling shipbuilding industries. The two countries have been providing unwavering public-sector assistance to their leading shipbuilders of the likes of Daewoo Shipbuilding & Marine Engineering and CSSC that have suffered losses due to overcapacity and supply glut.
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