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Chinese container factory plans huge expansion

China International Marine Containers Group, the world's largest container manufacturer, is planning a comprehensive expansion of its capacity.

Photo: Århus Havn

The world's largest container manufacturer, China International Marine Containers Group (CIMC), is looking to raise USD 928 million through a new share issue. The equity will primarily be spent on an expansion of CIMC's factory complex in the Chinese city of Shenzhen, Bloomberg writes.

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