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The yacht industry continues to expand

In 2013 the Chinese yacht market had expanded and was no longer dominated by foreign brands but also domestic brands. A greater volume of joint-venture capital started to be invested in the yacht industry and this trend is expected to continue in 2014.

The economic growth of the boating sector has been approved at all levels of society, demonstrated by several large mergers and acquisitions and Chinese enterprises acquiring overseas brands is becoming a trend…

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