Posted inChina, European Union, France, Guangzhou, Japan, Northeast Asia, Shanghai, World

Chinese shipbuilders tap rising cruise demand, rattle European rivals

European shipbuilders’ dominance in the US$117 billion passenger ship industry may come under threat as Chinese rivals move into the sector to tap booming local demand for cruise holidays. China’s government has earmarked cruise shipbuilding as a major objective in its “Made in China 2025” programme to upgrade its domestic manufacturing and support jobs at […]