China places more yards on "white list"

China has now placed more yards on the country's favorable list of shipbuilders that can receive special state aid going forward, according to Reuters.

BY KATRINE GRØNVALD RAUN

Nine more shipyards have been placed on China's so-called "white list," created by authorities for the country's shipbuilders, which can thus look forward to receiving state support in the guise of favorable bank credits and export tax rebates, according to Reuters.

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