A large chunk of investment has come from Carnival Corporation, through new cruises, shipbuilding, and joint ventures. During the 11th annual China Cruise Shipping and International Cruise Expo in Tianjin, the company signed a deal with Fincantieri and the China State Shipbuilding Corporation (CSSC) to build two new cruise ships at Shanghai Waigaoqiao Shipbuilding, the first of which could arrive in 2022. The agreement comes just one year after Carnival joined forces with CSSC and the China Investment Corporation to create a multi-ship domestic cruise brand in the Chinese market.