China Turns Graveyard From Goldmine Hurting Ship Makers

For shipbuilders such as STX Group, China was once a goldmine. Now it’s a graveyard. China’s lower appetite for commodities undermined the group’s plan to sell its shipping line, wiping out a combined $435 million of investor wealth at the South Korea-based conglomerate’s three main companies thi…

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China Turns Graveyard From Goldmine Hurting Ship Makers