TOKYO -- Japan's Mitsui E&S Shipbuilding will form a joint venture with Chinese power player Yangzijiang Shipbuilding (Holdings), it said Thursday, finding a long-sought overseas foothold as the Japanese market struggles.
Business deals
Mitsui joins China's Yangzijiang in shipbuilding venture
Japanese company seeks crossborder alliance as cost competition intensifies
Japan's Mitsui E&S Shipbuilding and China's Yangzijiang will base their joint venture at a Yangzijiang shipyard in Jiangsu Province.
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