China's state-owned maritime behemoth is gaining global clout.

China's state-owned COSCO Shipping Corporation Ltd is the fourth largest player in the shipping business . The company is also known as the Peoples Liberation Army (PLA) The PLA focuses on military-civil fusion, according to a report published by Asia Nikkei .

Beijing, China, May 14, 2017: According to GlobalData, China's state-owned COSCO Shipping Corporation Ltd, the fourth largest player in the shipping business, is rapidly expanding its operations around the world, while also masquerading as the Peoples Liberation Army (PLA), which focuses on military-civil fusion, according to a report published by Asia Nikkei.Asia Nikkei reported that China's navy may only have one base in Djibouti, on the Horn of Africa, but that replenishment and other logistical assistance is in theory available wherever COSCO operates, according to the study.The Hong Kong-flagged COSCO container ship Fuzhou celebrated in 2019.The successful test, which was referred to underway replenishment, was a breakthrough in allowing the Chinese navy to reach the high seas, according to a ministry statement.

However, Taiwan's government allows it to transport to and from Taiwanese ports, according to Tsun-yen Wang.However, the majority of COSCO's overseas portfolio is concentrated in Europe and the Middle East, with holdings in Abu Dhabi, Egypt, Spain, the Netherlands, and elsewhere, according to the study.The company's crown jewel, the only port in Europe where COSCO holds a majority stake in the entire port, as well as 100% ownership of container terminals there, is being investigated further, according to the annual report.This is a remarkable military and intelligence success story for Beijing.