The Irrawaddy News Magazine China Seeks Private-Sector Cash for Warships New York Times HONG KONG — The state-backed China Shipbuilding Industry plans to raise as much as 8.48 billion renminbi through a private share sale to buy assets used for...
Ty Findlow's insight:
this could be bad for other countries. If china is buying new warships they will be more technological. They will be more advanced. And china will become more powerful.
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