Get all your news in one place.
100's of premium titles.
One app.
Start reading
Al Jazeera
Al Jazeera
Business

SHOCKING: Foreign orders boost china shipbuilding firm linked to military | Mind Blowing Facts

China is modernising its navy and think tank CSIS says commercial orders with Chinese shipyards might inadvertently further its plans [File: AFP]

Chinese shipyards that are at the heart of Beijing’s drive to modernise its navy are also seeing orders and technology transfer worth billions of dollars from commercial shipping companies in dealings that researchers say could inadvertently help the Chinese military’s modernisation plans.

The Center for Strategic and International Studies (CSIS) says the evidence suggests profits from foreign orders are probably helping “lower the costs of upgrading China’s navy”.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.