The Chinese are everyday more interested in yachts and boats, the huge success of team china at the Americans’ cup (in terms of followers and supporters) is the proof. The main problem remains the marinas, the piers and all the connected services. For sure a big potential market in where European big and small players are interested in re-launch a business who is terribly suffering the crises. Chinese local governments are investing a lot in marinas, may be not enough, and some good result came out (e.g. Sanya).
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Have a good day!
written by Giulio Abbate (Associate Partner China)