China’s super-merger to crush global shipbuilding competition
China is shaking up the global shipbuilding industry with a monumental merger between its two largest state-owned companies, China State Shipbuilding Corporation (CSSC) and China Shipbuilding Industry Corporation (CSIC). The long-anticipated consolidation, now officially confirmed by China’s State-Owned Assets Supervision and Administration Commission, is poised to create a colossal entity that will redefine the dynamics […]