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China’s cruise industry makes waves as new deal creates Asia’s largest fleet (www.scmp.com)

submitted 2 months ago by rss@news.abolish.capital to c/china@news.abolish.capital

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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...

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[–] Maeve@kbin.earth 1 points 2 months ago

C'mon China, that's not how you reduce climate change.