War Prep? Two Major Chinese State Owned Shipbuilders Merge To “Better Serve The Military” In a move that we can’t help but think looks suspiciously like war prep, two Chinese state-owned shipbuilders announced Monday plans to merge, according to a new report from Nikkei Asia. The report says up front the merger could “help them better serve the military”. Key details, such as pricing, asset handling, employee treatment, and protections for dissenting shareholders, have yet to be revealed. The Nikkei report says that in nearly identical filings to the Shanghai Stock Exchange on Monday night, China CSSC Holdings and China Shipbuilding Industry… — Continue at ZeroHedge News : Read More
Home » War Prep? Two Major Chinese State Owned Shipbuilders Merge To “Better Serve The Military” – Tyler Durden