China’s Shipbuilding Merger Masks Cracks Beneath the Surface
A new floating production storage and offloading vessel under construction at a shipyard in Nantong, in China's eastern Jiangsu province, on April 17, 2023. AFP via Getty Images
China is once again consolidating its state-run shipbuilding industry—this time by folding together two giants that had already been merged once before: China State Shipbuilding Corporation (CSSC) and China Shipbuilding Industry Company (CSIC).
Michael Zhuang
Author
Michael Zhuang is a contributor to The Epoch Times with a focus on China-related topics.