COSCO suspended after loss of 9.56 billion yuan
By Zhou Siyu | China Daily | Updated: 2013-03-29 07:45
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China COSCO Holdings Co's two consecutive years of losses put the company on a "special treatment" list. Losses in the dry-bulk sector widened a dramatic 64 percent from a year ago to 4.5 billion yuan. Xu Peiqin / For China Daily |
Three years of deficits could see the shipping firm removed from market
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