The Wall Street Journal @WSJ

A $16 billion merger of two state-controlled shipbuilders in China is set for completion, creating the world’s biggest shipbuilder while the U.S. searches for a path back into the business https://t.co/mz5SOD489V

www.wsj.com

China Creates World’s No. 1 Shipbuilder, Driven by Rivalry With U.S.

In a $16 billion merger, Beijing is looking to counter President Trump’s moves to rebuild American shipyards.