CIC Backs Carnival Cruise Joint Venture

Posted on 10/22/2015


Carnival Corporation & plc, a major cruise liner company, has formed a 25-year joint venture with Beijing-based China State Shipbuilding Corporation, one of the two biggest shipping conglomerates in China, and the China Investment Corporation (CIC). China State Shipbuilding Corporation is a state-owned enterprise directly supervised under State-owned Assets Supervision and Administration Commission (SASAC). The […]