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CSSC issues more bonds

CSSC issues more bonds

Shanghai: Rapidly expanding state-owned shipbuilder China State Shipbuilding Corp will issue another Yuan3bn ($441m) worth of short-term bills to help fund its dramatic expansion amid the depressed market for newbuilds. CSSC is committed to huge new yards in Guangzhou and on Changxing island just north of Shanghai. [01/03/10]

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