Source: China – South China Morning PostChina is closely monitoring its shipbuilding capacity to avoid an oversupply of production facilities in a global industry dominated by the country, according to an official from the China Association of the National Shipbuilding Industry (CANSI).
Tan Naifen, deputy secretary general of the government-backed organisation, said in an interview with the Post on Wednesday that authorities recognised the risks associated with reckless investments in shipyards. As a result, they had established a…Read More