China Enters Luxury-Yacht Sector

choi

Laurie Burkitt, China's Next Industry: Yachts. Wall Street Journal, Aug 29, 2012 (title in print).
http://online.wsj.com/article/SB ... 16973186784312.html

Note:
(a) TAN Xuguang, the chairman of Shandong Heavy Industry Group-Weichai Group  山東重工-濰柴集團 董事长 谭旭光
(b) Ferretti Group
en.wikipedia.org/wiki/Ferretti_Group
(founded in 1968 by Alessandro and Norberto Ferretti; Headquarters  Forlì, Italy; In January 2012, Ferretti Group was sold to the state-owned parent of China’s biggest bulldozer-maker, Shandong Heavy Industry Group-Weichai Group, putting the Communist nation in control of the world’s largest luxury-yacht builder)