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Asia Breaking News: Is Struggling Shipbuilder China Rongsheng Too Big to Fail?

wochit news
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July 07, 2013 AT 5:45 PM
An appeal for government financial support from China's biggest private shipbuilder presents authorities with some stark choices between protecting a big employer and its jobs or letting the firm go under to ease pressure on a sector suffering from overcapacity and sharply falling new orders.