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Major Chinese Investment Spurs SilverYachts Expansion

Major Chinese Investment Spurs SilverYachts Expansion: Australian manufacturer SilverYachts has revealed major expansion plans after the China Zhongwang aluminum group acquired a majority share of the boatbuilder in October. The deal will lead to the opening of a new yard in China for building aluminum superyachts and commercial vessels. SilverYachts Founder Guido Krass noted that…