COSCOL: First-half profit to plummet 99.5 percent
By Tang Zhihao in Shanghai | China Daily | Updated: 2012-07-13 07:39
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A container ship at the port of Lianyungang, Jiangsu province. Shipping companies, including China Shipping Haisheng Co Ltd and COSCO Shipping Co Ltd, gave investors an early warning of a first-half slump. Wang Jianmin / For China Daily |
Industry may not recover in second half on weak demand, experts say
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