Hit at home, China’s ghost fleet sails high seas

Hit at home, China’s ghost fleet sails high seas: LONDON, July 5 — China's huge fleet of coastal ships, usually confined to plying the Chinese seaboard, has sailed out of the shadows to seek international business in yet another sign that China's economy is slowing. The fleet, previously unnoticed by the global market, is suffering from a slowdown in China's coastal trade amid weaker domestic ...