China to create the world’s largest shipbuilding company
The Wall Street Journal
In China, the “China State Shipbuilding Corporation” (CSSC) and “China Shipbuilding Industry” are merging to form the world’s largest shipbuilding company, News.az reports citing The Wall Street Journal.
The new company is expected to hold a 17% share of the global shipbuilding market, with an annual revenue reaching $18 billion.
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