Taiwan's yacht builders face tough future

Competition from China is the bane of Taiwanese industry which has historically competed on cost rather than quality. But yacht makers like Horizon and Bluewater have broken that trend and are increasing their market share. The problem is that the whole industry has shrunk as a result of the global financial crisis, creating a tough market for everyone. The FT's Sarah Mishkin reports from Kaohsiung in southern Taiwan. For more video content from the Financial Times, visit http://www.FT.com/video