BEIJING (AFX-ASIA) – China is being urged to spend US$10 billion to boost its shipping capacity which will enable Chinese fleets to transport half of the nation’s oil imports by 2005, rather than rely heavily on foreign ships, the China Daily reported, citing industry sources. The Ministry of Communications, along with major domestic shipping companies…

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BEIJING (AFX-ASIA) – China is being urged to spend US$10 billion to boost its shipping capacity which will enable Chinese fleets to transport half of the nation’s oil imports by 2005, rather than rely heavily on foreign ships, the China Daily reported, citing industry sources. The Ministry of Communications, along with major domestic shipping companies…

This article is for Subscriber members only.
Log In Register