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Mitsubishi Heavy’s assets seized in South Korea

A timely coincidence… South Korea calls for seizing Mitsubishi Heavy Industries’ assets over World War 2 forced labour, just as Korea Development Bank initiates consolidation of the shipbuilding sector by selling its stake in Daewoo Shipbuilding & Marine Engineering Co., Ld to Hyundai Heavy Industries Co., Ltd.

Another case of information warfare for leadership in the shipbuilding industry.

Picture credits: Reuters

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