China Shipbuilding: Good Business Speeds Privatization

The China Shipbuilding Corp said in a report that the company currently has orders totaling more than $2.68 billion, according to a report on TaipeiTimes.com The written report was presented by the CSBC to the Science and Technology Committee of the Legislative Yuan which is set to review the CSBC's budget for next year. The CSBC said that it currently has orders for building 51 commercial ships as well as orders for building 30 military vessels.

(Source: TaipeiTimes.com)