DALIAN, China -- Chinese shipbuilders are rapidly expanding capacity to capture a surge in orders for more environmentally friendly vessels, though their growing lead in the industry has raised alarm in the U.S.
Companies
China shipbuilders boost capacity, cementing grip on industry
From state giant to newcomer, players tap growing demand for cleaner-fuel vessels
Hengli Group, known primarily as a chemical maker, has quickly ramped up shipbuilding operations. (Photo by Kohei Fujimura)
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