16 December 1872; 151 years ago (1872-12-16) in Shanghai
Founder
Li Hongzhang
Headquarters
Originally in Shanghai. Now headquartered at Hong Kong
Website
www.cmhk.com/en
China Merchants Group
Simplified Chinese
招商局集团
Traditional Chinese
招商局集團
Transcriptions
Standard Mandarin
Hanyu Pinyin
Zhāoshāng Jú Jítuán
China Merchants Group Limited (Chinese: 招商局集团; pinyin: Zhaoshangju Jituan) is an international state-owned enterprise (SOE) of the People's Republic of China. The company is operating under the auspices of the Chinese Ministry of Transport.[1]
Founded in 1872 as the China Merchants Steam Navigation Company in Shanghai, the firm has developed into one of China's leading SOEs since the 1980s and has expanded its global role as a result of China's Belt and Road Initiative in the early 2010s. In the Western media, China Merchants Group is mostly known for being criticized as a tool for China's alleged "debt diplomacy"[2][3] and its legal disputes with DP World, another port operator, regarding concession rights at the Port of Djibouti.[4]
^"China's anti-corruption campaign reaches Hong Kong". Nikkei Asia. Retrieved 2021-09-02.
^"Sri Lanka's 'debt trap' port thriving, Chinese owners claim". Nikkei Asia. Retrieved 2021-09-02.
^"The Belt and Road Initiative". Global Risk Institute. Retrieved 2021-09-02.
^"DP World sues China Merchants Ports, says it turned Djibouti against it". Global Construction Review. 2019-02-13. Retrieved 2021-09-02.
and 27 Related for: China Merchants Group information
ChinaMerchantsGroup Limited (Chinese: 招商局集团; pinyin: Zhaoshangju Jituan) is an international state-owned enterprise (SOE) of the People's Republic of...
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Retrieved 20 January 2024. "GLP and ChinaMerchantsGroup Announce Strategic Investment Partnership to Co-Manage ChinaMerchants Capital | GLP". www.glp.com....
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wholly subsidiary of China MerchantsGroupChinaMerchants Industry Holdings, a wholly subsidiary of ChinaMerchantsGroup This disambiguation page lists...
company itself is a subsidiary of ChinaMerchantsGroup. It was founded in 1978. The company privatized ChinaMerchants Property, a blue chip of Shenzhen...
named or related to "China". In July 1949, a contest was announced for a national flag for the newly founded People's Republic of China (PRC). From a total...
Shipping (Group) Corporation (CSC) to form Sinotrans&CSC Holdings. A strategic merger of this new company together with ChinaMerchantsGroup received...
World and ChinaMerchants Holdings, until its container facility was seized by the government of Djibouti in February 2018. There is a Chinese naval base...
Kong, being the first enterprise in China to do so. According to the 2013 Annual Report of CIMC, ChinaMerchantsGroup holds 25.54% while COSCO holds 22...
at the Wayback Machine." ChinaMerchantsGroup. Retrieved on November 8, 2011. "Head Office Address: 40/F., ChinaMerchants Tower, Shun Tak Centre, 168-200...
Beihai Shipbuilding (4 ships), and ChinaMerchantsGroup-controlled ChinaMerchants Heavy Industry (Jiangsu) (2 ships). China COSCO Shipping Corporation awarded...
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SEHK: 368) is one of the largest shipping companies in China and a listed subsidiary of ChinaMerchantsGroup headquartered in Hong Kong. It is engaged in vessel...
development and growth. Merchants have been known for as long as humans have engaged in trade and commerce. Merchants and merchant networks operated in ancient...
was chosen as chairman of the ChinaMerchantsGroup in July 2020, concurrently serving as chairman of the ChinaMerchants Bank two months later. Xu Kun...
& Co. Building [ja; zh] (No. 9, The Bund), currently housed the ChinaMerchantsGroup, also houses the Shanghai flagship store for Dolce & Gabbana. The...
trade in China, driving up costs and leading to competition between merchants in Europe and European merchants who traded with the Chinese. This market...
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the Chinese government's authority and forced China to open specified treaty ports (including Shanghai) to Western merchants. In addition, China ceded...
ultimately prompted Sri Lanka to turn to China. The Sri Lankan government contracted with ChinaMerchantsGroup, one of that country's state-owned enterprises...
Group. The group owns the world's largest mobile (digital) payment platform Alipay, which serves over 1.3 billion users and 80 million merchants, with total...
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