Shanghai Waigaoqiao Shipbuilding
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Shanghai Waigaoqiao Shipbuilding
The China State Shipbuilding Corporation (CSSC) is a Chinese shipbuilding conglomerate. Description CSSC is one of the top 10 defence groups in China. It consists of various shipyards, equipment manufacturers, research institutes and shipbuilding-related companies that build both civilian and military ships. It owns some of the most well known shipbuilders in China, such as Dalian Shipbuilding Industry Company, Jiangnan Shipyard, Hudong–Zhonghua Shipbuilding, Guangzhou Huangpu Shipbuilding and Guangzhou Wenchong Shipyard. Its subsidiary, China CSSC Holdings Limited (), is listed on the Shanghai Stock Exchange, and in turn owns other subsidiaries including Shanghai Waigaoqiao Shipbuilding. History Early developments In 1964, the Sixth Ministry of Machine Building was createdCollins and Grubb, pg. 6 to oversee China's shipbuilding enterprises, which were predominantly engaged in military work.Medeiros et al., pg. 113 In July 1982,Collins and Grubb, pg. 7 as part of defence ...
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State Owned Company
A state-owned enterprise (SOE) is a Government, government entity which is established or nationalised by the ''national government'' or ''provincial government'' by an executive order or an act of legislation in order to earn Profit (economics), profit for the Government, government, control monopoly of the Private sector, private sector entities, provide products and services to citizens at a lower price and for the achievement of overall financial goals & developmental objectives in a particular country. The national government or provincial government has majority ownership over these ''state owned enterprises''. These ''state owned enterprises'' are also known as public sector undertakings in some countries. Defining characteristics of SOEs are their distinct legal form and possession of Profit (economics), financial goals & developmental objectives (e.g., a state railway company may aim to make transportation more accessible and earn profit for the government), SOEs ar ...
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Shanghai Stock Exchange
The Shanghai Stock Exchange (SSE) is a stock exchange based in the city of Shanghai, China. It is one of the three stock exchanges operating independently in mainland China, the others being the Beijing Stock Exchange and the Shenzhen Stock Exchange. The Shanghai Stock Exchange is the world's 3rd largest stock market by market capitalization at US$7.62 trillion . It is also Asia's biggest stock exchange. Unlike the Hong Kong Stock Exchange, the Shanghai Stock Exchange is still not entirely open to foreign investors and often affected by the decisions of the central government, due to capital account controls exercised by the Chinese mainland authorities. In 1891, Shanghai founded China's first exchange system. The current stock exchange was re-established on November 26, 1990, and was in operation on December 19 of the same year. It is a non-profit organization directly administered by the China Securities Regulatory Commission (CSRC). History The formation of the Interna ...
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United States President
The president of the United States (POTUS) is the head of state and head of government of the United States of America. The president directs the executive branch of the federal government and is the commander-in-chief of the United States Armed Forces. The power of the presidency has grown substantially since the first president, George Washington, took office in 1789. While presidential power has ebbed and flowed over time, the presidency has played an increasingly strong role in American political life since the beginning of the 20th century, with a notable expansion during the presidency of Franklin D. Roosevelt. In contemporary times, the president is also looked upon as one of the world's most powerful political figures as the leader of the only remaining global superpower. As the leader of the nation with the largest economy by nominal GDP, the president possesses significant domestic and international hard and soft power. Article II of the Constitution establish ...
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Americans
Americans are the Citizenship of the United States, citizens and United States nationality law, nationals of the United States, United States of America.; ; Although direct citizens and nationals make up the majority of Americans, many Multiple citizenship, dual citizens, expatriates, and green card, permanent residents could also legally claim American nationality. The United States is home to race and ethnicity in the United States, people of many racial and ethnic origins; consequently, culture of the United States, American culture and Law of the United States, law do not equate nationality with Race (human categorization), race or Ethnic group, ethnicity, but with citizenship and an Oath of Allegiance (United States), oath of permanent allegiance. Overview The majority of Americans or their ancestors Immigration to the United States, immigrated to the United States or are descended from people who were Trans Atlantic Slave Trade, brought as Slavery in the United States ...
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Nikkei Asian Review
''Nikkei Asia'', known as ''Nikkei Asian Review'' between 2013 and 2020, is a major Japan-based English-language weekly news magazine focussed on the Asian continent, although it also covers broader international developments. It is headquartered in Tokyo, Japan. ''Nikkei Asia'' was originally launched in 2013. Ownership ''Nikkei Asia'' is owned by Nikkei, Inc., the same Japan-based holding company that also owns the London-based ''Financial Times The ''Financial Times'' (''FT'') is a British daily newspaper printed in broadsheet and published digitally that focuses on business and economic current affairs. Based in London, England, the paper is owned by a Japanese holding company, Nik ...''. Because ''Nikkei Asia'' and the ''Financial Times'' are sister publications, some ''Financial Times'' journalists are seconded to ''Nikkei Asia'' on a rotating, two-year basis. ''Nikkei Asia'' calls itself the "voice of the Asian century". References External links * Magazin ...
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International Institute For Strategic Studies
The International Institute for Strategic Studies (IISS) is a British research institute or think tank in the area of international affairs. Since 1997, its headquarters have been Arundel House in London, England. The 2017 Global Go To Think Tank Index ranked IISS as the tenth-best think tank worldwide and the second-best Defence and National Security think tank globally, while Transparify ranked it third-largest UK think tank by expenditure, but gave it its lowest rating, "deceptive", on funding transparency. Overview The current director-general and chief executive is John Chipman. Sir Michael Howard, the British military historian, founded the institute together with the British Labour MP Denis Healey (Defence Secretary, 1964–1970 and Chancellor, 1974–1979) and University of Oxford academic Alastair Francis Buchan. Based in London, the IISS is both a private company limited by guarantee in UK law and a registered charity. Research The institute has worked with gov ...
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The Diplomat
''The Diplomat'' is an international online news magazine covering politics, society, and culture in the Indo-Pacific region. It is based in Washington, D.C. It was originally an Australian bi-monthly print magazine, founded by Minh Bui Jones, David Llewellyn-Smith and Sung Lee in 2001, but due to financial reasons it was converted into an online magazine in 2009 and moved to Japan and later Washington, D.C. The magazine is currently owned by MHT Corporation. History ''The Diplomat'' was originally an Australian bi-monthly print magazine, founded by Minh Bui Jones, David Llewellyn-Smith and Sung Lee in 2001. The first edition was published in April 2002, with Bui Jones as the founding editor and Llewellyn-Smith the founding publisher. The magazine was acquired by James Pach through his company Trans-Asia Inc. in December 2007. Pach assumed the role of executive publisher and hired former ''Penthouse'' editor Ian Gerrard to update its presentation. Nonetheless, the print ed ...
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South China Morning Post
The ''South China Morning Post'' (''SCMP''), with its Sunday edition, the ''Sunday Morning Post'', is a Hong Kong-based English-language newspaper owned by Alibaba Group. Founded in 1903 by Tse Tsan-tai and Alfred Cunningham, it has remained Hong Kong's newspaper of record since British colonial rule. Editor-in-chief Tammy Tam succeeded Wang Xiangwei in 2016. The ''SCMP'' prints paper editions in Hong Kong and operates an online news website. The newspaper's circulation has been relatively stable for years—the average daily circulation stood at 100,000 in 2016. In a 2019 survey by the Chinese University of Hong Kong, the ''SCMP'' was regarded relatively as the most credible paid newspaper in Hong Kong. The ''SCMP'' was owned by Rupert Murdoch's News Corporation from 1986 until it was acquired by Malaysian real estate tycoon Robert Kuok in 1993. On 5 April 2016, Alibaba Group acquired the media properties of the SCMP Group, including the ''SCMP''. In January 2017, former D ...
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Hu Wenming
Hu Wenming (; born May 1957) is a retired Chinese business executive who served as chairman of China State Shipbuilding Corporation between 2012 and 2019. In May 2020, he has been placed under investigation as Chinese Communist Party general secretary Xi Jinping's continues an anti-graft dragnet at all levels of government, military and ruling Communist Party. His subordinate, Sun Bo, was placed under investigation for alleged graft and corruption on June 16, 2018.  Biography Hu was born in Yangzhou, Jiangsu, in May 1957. In November 1975, he became a sent-down youth in Chi'an Township, Ganjiang County. In March 1978, after the resumption of college entrance examination, he was accepted to Nanjing University of Aeronautics and Astronautics The Nanjing University of Aeronautics and Astronautics (NUAA, ), colloquially known as Nanhang (南航), is a public research university in Nanjing, China. One of the Seven Sons of National Defence, it is directly supervised by the Min ...
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People's Liberation Army
The People's Liberation Army (PLA) is the principal military force of the People's Republic of China and the armed wing of the Chinese Communist Party (CCP). The PLA consists of five service branches: the Ground Force, Navy, Air Force, Rocket Force, and Strategic Support Force. It is under the leadership of the Central Military Commission (CMC) with its chairman as commander-in-chief. The PLA can trace its origins during the Republican Era to the left-wing units of the National Revolutionary Army (NRA) of the Kuomintang (KMT) when they broke away on 1 August 1927 in an uprising against the nationalist government as the Chinese Red Army before being reintegrated into the NRA as units of New Fourth Army and Eighth Route Army during the Second Sino-Japanese War. The two NRA communist units were reconstituted into the PLA on 10 October 1947. Today, the majority of military units around the country are assigned to one of five theater commands by geographical location. ...
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State-owned Assets Supervision And Administration Commission
The State-owned Assets Supervision and Administration Commission of the State Council (SASAC) is a special commission of the People's Republic of China, directly under the State Council. It was founded in 2003 through the consolidation of various other industry-specific ministries. SASAC is responsible for managing state-owned enterprises (SOEs), including appointing top executives and approving any mergers or sales of stock or assets, as well as drafting laws related to SOEs. , its companies had a combined assets of CN¥194 trillion (US$30 trillion), revenue of more than CN¥30 trillion (US$4.6 trillion), and an estimated stock value of CN¥65 trillion (US$10.06 trillion), making it the one of the largest economic entities in the world. Central SOEs SASAC currently oversees 97 centrally owned companies. Companies directly supervised by SASAC are continuously reduced through mergers according to the state-owned enterprise restructuring plan with the number of SASAC companies ...
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China Shipbuilding Industry Corporation
The China Shipbuilding Industry Corporation (CSIC) was one of the two largest shipbuilding conglomerates in China, the other was the China State Shipbuilding Corporation (CSSC). It was formed by the Government of the People's Republic of China on 1 July 1999 from companies spun off from CSSC, and is 100% owned by State-owned Assets Supervision and Administration Commission (SASAC) of State Council. Headquartered in Beijing, the CSIC handles shipbuilding activities in the north and the west of China, while the China State Shipbuilding Corporation (CSSC) deals with those in the east and the south of the country. CSIC's subsidiary, China Shipbuilding Industry Company Limited (CSICL), was listed on the Shanghai Stock Exchange in 2008. Its trade arm is China Shipbuilding & Offshore International Co. Ltd (CSOC). CSIC has developed 10 main product sections: shipbuilding, marine engineering, diesel engines, storage batteries, large steel structure fabrications, port machinery, turb ...
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