Open season begins on shipyard sweeteners
The multilateral fight against state aid for shipbuilders is intensifying with calls for greater transparency and new reporting rules. China and South Korea in particular face greater scrutiny over indirect subsidies, reports TOM LEANDER
IT DOES not feel right, somehow, that nations should be prevented from protecting their shipyards. It is like telling parents not to pay for private schooling to seek advantage for their children.
And in recent history, state subsidies have been...
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