Dalian Wanda steers yacht maker to its home shores

British company plans to build vessels in China, ending imports

A British luxury yacht maker says it will set up a small boat-manufacturing unit in China to make full use of the fair wind in the country's burgeoning yacht market and to cut costs.

"Our existing yacht manufacturing facility in Poole, England, is unable to handle the growing global demand for luxury yachts, especially from China," says Stewart McIntyre, managing director of Sunseeker International.