It has been 10 years since the onset of the 2008 global financial crisis, which also marked the start of a prolonged downturn for China’s once bustling and sprawling shipbuilding sector.
China's largest private shipbuilder Yangzijiang Shipbuilding has formed a new joint major Japanese shipbuilders Mitsui E&S Shipbuilding (MES-SC) and Mitsui & Co based at one of the Chinese company's existing yards.
