It's mentioned elsewhere in the article that China's 800 large shipyards employ 1.4m people.
1 posted on
01/11/2016 6:41:31 PM PST by
Zhang Fei
To: Zhang Fei
Seems like they could double the size of their navy pretty quickly, yes?
2 posted on
01/11/2016 6:45:02 PM PST by
BenLurkin
(The above is not a statement of fact. It is either satire or opinion. Or both.)
To: Zhang Fei
Anyone who follows the Baltic Dry Index as a macro-economic indicator is not surprised and knows this is the fate of ships and shipyards across the globe.
3 posted on
01/11/2016 6:49:33 PM PST by
Ghost of Philip Marlowe
(Carter...Reagan...Bush...Clinton....Bush....Carter....BUSH? / CLINTON? STOP THE INSANITY!)
To: Zhang Fei
From http://investmenttools.com/futures/bdi_baltic_dry_index.htm
Baltic Exchange Dry Index (BDI) divided by S&P 500 (Ratio)
Shipping is not likely to pick up for a while. No need for new ships. The BDI is falling faster than the S&P 500 and it is even more of a leading indicator than the S&P 500.
5 posted on
01/11/2016 6:53:34 PM PST by
SubMareener
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To: Zhang Fei
The modern ships they have been building are gigantic. They don’t need many of those to replace a fleet of older ships.
To: Zhang Fei
12 posted on
01/11/2016 9:47:16 PM PST by
Jack Hydrazine
(Pubbies = national collectivists; Dems = international collectivists; We need a second party!)
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