American lawmakers told US must learn from China to revive shipbuilding

Source: China – South China Morning PostIf the US hopes to rebuild a competitive shipbuilding industry and narrow China’s commanding lead, it should adopt some lessons from Beijing – emphasising long-term planning, steady government funding and policy consistency, witnesses told a US Senate hearing this week.
China’s phenomenal rise in the global shipbuilding sector has caught the attention of Washington’s policymakers who are keen to restore the nation’s commercial fleet and production capacity, leading many to blame China for…Read More

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