With new agreements, Carnival making bigger push in China

Furthering its push into China, Carnival Corp. late Monday announced plans to pursue joint ventures that could see the cruise giant owning ships and developing ports and infrastructure with a Chinese development company. Doral-based Carnival, which expects to carry 500,000 cruise passengers in China this year, was scheduled to hold an event Tuesday morning in Shenzhen to formally sign a memorandum of understanding with China Merchants Group.

http://ift.tt/1tizkMw