SEOUL/TOKYO/SHANGHAI -- The Hyundai Heavy Industries deal announced Thursday to consolidate two of South Korea's "Big Three" shipbuilders is certain to draw the ire of rivals Japan and China as they take issue with Seoul's aid to the industry.
Business deals
Hyundai's mega-shipbuilder plan puts China and Japan on edge
South Korean government's heavy hand raises concern over price stability
Hyundai Heavy's shipyard in the South Korean city of Ulsan is one of the world's largest facilities for constructing vessels.
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