Chinese shipyards continue consolidation as Guangzhou Shipyard acquires HWS

Guangzhou Shipyard International (GSI), a subsidiary of the state-owned China State Shipbuilding Corporation (CSSC), announced on 31 October a plan to acquire another CSSC-affiliated company as part of China’s continuing efforts to consolidate its military-industrial complex.
GSI said in a …read more

Source:: Janes (Naval)

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