market: Its sister ship is expected to arrive in China in 2020, according to Global Times China. Mario Zanetti, president of Costa Group Asia, told the Global Times that Costa Cruises has always been confident in the potential of China's cruise market, although players like Skysea Cruise Line are leaving the market. An analyst said that China and Italy are expected to deepen cooperation in the industry as Italy is set to join the China-proposed Belt and Road Initiative BRI . Along the Maritime Silk Road Costa Venezia Italian cruise operator Costa Cruise's first ship specifically built for the China market, is scheduled to arrive in Shanghai for the first time on May 18. Both passengers and ships declined in the China cruise market in 2018, and some foreign operators have left the market, according to the Annual Report on China's Cruise Industry 2018. During Chinese President Xi Jinping's state visit to Italy, which will start on Thursday, the two sides are likely to sign a memorandum of understanding on BRI cooperation, the Xinhua News Agency reported on Wednesday. The increasing investment further expresses the determination of Costa Cruises in this market and the commitment to continuously invest in it, Zanetti said.
(news.financializer.com). As
reported in the news.
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