China wavers over shipyard state-aid talks

Talks that could see China enter negotaitions with other major shipbuilding countries, including Japan, South Korea, Turkey, and the EU, are said to be ongoing after the initial Beijing meeting on 22 June ended with China's representatives asking for more information. Japan in particular is keen that a solution to the distortion in the shipbuilding market caused by state subsidies should be ended through the agreement of a WTO-compliant and enforcable regulation.