China eyes cruise ships to serve South China Sea

China Daily (Canada) - - NEWS CAPSULE -

Up to eight Chi­nese ships will of­fer cruises to the South China Sea over the next five years.

Sanya In­ter­na­tional Cruise De­vel­op­ment Co Ltd, a joint ven­ture by COSCO Ship­ping, China Na­tional Travel Ser­vice (HK) Group Corp and China Com­mu­ni­ca­tions Con­struc­tion Co Ltd, will buy be­tween five and eight ships.

It will also build four cruise liner docks in Sanya, a Chi­nese re­sort city on the south­ern is­land prov­ince of Hainan, the pa­per added.

China claims 90 per­cent of the po­ten­tially en­ergy-rich South China Sea. Brunei, Malaysia, the Philip­pines and Viet­nam lay claim to parts of the sea, through which passes about $5 tril­lion of trade a year.

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