17 million yuan invested, luxury cruise boat sinks at christening ceremony

| October 12th, 2011

From Phoenix News:

On October 10th, a microblog user posted a entry with photos, claiming that "A luxury boat named ‘JiuGang’ (酒钢号, named after Jiuquan Iron And Steel Group) sank when it was put in the water for the first time." The entry attracted a lot of attention. Later that day, Lanzhou Ministry of Transportation responded that the issue was already resolved. The boat was towed ashore and there were no causalities . They explained the accident was caused by mishandling […]Read more…