China Consolidates Cruise Business as it Looks to Expand Domestic Market The Maritime Executive Economics
China has announced plans to consolidate the cruise operations of four central state-owned enterprises into a single entity that will reportedly operate the largest fleet in Asia, as part of a broader efficiency drive. China Tourism Group – one of the four companies – was designated as the operator of the venture at a signing ceremony hosted by China’s state-owned enterprises watchdog on Friday, according to state broadcaster CCTV. After the deal goes through, the venture will operate Asia’s... Politics
Investment bank CICC to acquire rivals as China pushes for consolidation Financial Times Economics
A leading advisory panel on China policy urged Congress on Tuesday to establish a “consolidated economic statecraft entity” to handle technological and other national security challenges posed by China’s “systematic and persistent evasion” of American export controls and sanctions. “This recommendation addresses the critical gap between export controls and sanctions as written and their actual enforcement, recognising that China and Russia continue to successfully circumvent existing safeguards... Economics
A leading advisory panel on China policy urged the US Congress on Tuesday to establish a “consolidated economic statecraft entity” to handle technological and other national security challenges posed by China’s “systematic and persistent evasion” of American export controls and sanctions. “This recommendation addresses the critical gap between export controls and sanctions as written and their actual enforcement, recognising that China and Russia continue to successfully circumvent existing... Economics
China’s Tongwei Says Confident in Solar Sector Consolidation Bloomberg.com Politics
