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World Business: Shipping is Slipping 17/07/09

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Published on Jul 21, 2009

World Business: As China boomed, so did investment in the means to deliver its huge volume of exports from the factories to the worlds sea lanes. But then, the Financial Tsunami struck. Exports shrunk dramatically and rapidly. And now, quaysides are stacked high with empty containers while shipyards nervously wait for the next order. Chinas logistics industry is clearly weathering the storm badly.

Reporter: Nick Mackie

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