China Sets up State-owned Firm to Operate First Home-built Large Cruise Ship
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China established a state-owned cruise operator Friday to run its first domestically built large cruise ship, the Adora Magic City, which is set to begin its maiden voyage Jan. 1.
Huaxia International Cruise Co. Ltd., jointly owned by stated-owned China Tourism Group Corp. Ltd., China Cosco Shipping Corp. Ltd., China Merchants Group Ltd., Jinjiang International Co. Ltd., Shanghai Jiushi Co. Ltd. and Wusongkou Culture & Tourism Investment Group, will operate the Adora Magic City.

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