TOKYO -- Japan is growing frustrated by government assistance in China and South Korea to their ailing shipbuilding industries, with Prime Minister Shinzo Abe even broaching the issue with his counterparts at a trilateral summit earlier this month. But it is unlikely that Seoul and Beijing will do much to address Tokyo's concerns.
"We want to discuss removing measures that are effectively warping the market, and this is not just for steel but also for shipbuilding," Abe said after meeting with Chinese Premier Li Keqiang and South Korean President Moon Jae-in at the May 9 summit in the Japanese capital, expressing concern about overcapacity. He also said he may raise the issue as part of the main agenda at the G-20 summit in Japan next year.
