A shipbuilding behemoth is rising in China. By scale, nothing else comes close.

Source: Business Insider

TKCFOTO/CFOTO/Future Publishing via Getty ImagesTwo of China's state-owned shipbuilding groups are finalizing a major merger, building a juggernaut. The deal has been in the works since 2019 and will extensively grow CSSC, the world's largest shipbuilder. CSSC accounts for a massive share of global shipbuilding and features dual-use yards for military vessels.