China is the world's third-largest shipbuilding nation and had 18 percent of the global market in 2005, lagging South Korea and Japan which accounted for a combined share of more than 60 percent. But Beijing aims to become the largest shipbuilder by 2015, with output of 24 million deadweight tonnes a year, or 35 percent of the world's total
2006 November 14
China to become the world's largest shipbuilder
China is the world's third-largest shipbuilding nation and had 18 percent of the global market in 2005, lagging South Korea and Japan which accounted for a combined share of more than 60 percent. But Beijing aims to become the largest shipbuilder by 2015, with output of 24 million deadweight tonnes a year, or 35 percent of the world's total