HANGZHOU - A recovery in the shipping market has buoyed optimism
among Chinese shipping companies, with many once again buying new boats
to expand their fleets.
Zhongchang Marine Co Ltd in East China's Zhejiang province was among those betting on better days to come.
Its president, Huang Shenghui, said he has finally seen a glimpse of
hope after years in trouble as an industry downturn persisted in the
wake of the global financial crisis 10 years ago.