New container ships under construction a

New container ships under construction at the Qingdao Beihai shipyard in Qingdao, northeast China's Shandong province on April 26, 2012. The global shipping industry, still struggling to recover from the 2009 recession, is worried by overcapacity and the expected growth slowdown in China which has cut its economic growth target to 7.5 percent this year from eight percent in 2011 in anticipation of weaker European and US demand. CHINA OUT AFP PHOTO (Photo credit should read STR/AFP/GettyImages)
New container ships under construction at the Qingdao Beihai shipyard in Qingdao, northeast China's Shandong province on April 26, 2012. The global shipping industry, still struggling to recover from the 2009 recession, is worried by overcapacity and the expected growth slowdown in China which has cut its economic growth target to 7.5 percent this year from eight percent in 2011 in anticipation of weaker European and US demand. CHINA OUT AFP PHOTO (Photo credit should read STR/AFP/GettyImages)
New container ships under construction a
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Credit:
AFP / Stringer
Editorial #:
143450234
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AFP
Date created:
April 26, 2012
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Source:
AFP
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