CSIC chairman retires amid state shipbuilding merger
Hu Wenmin has left office during a period when China’s two largest state shipbuilding conglomerates are in a state-driven merger arrangement. Mr Hu’s retirement could increase the chance of CSSC chairman Lei Fanpei leading the to-be-created new company
Mr Hu, 62, had a long career in China’s large state-owned enterprises involving aviation, defence and shipbuilding sectors
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