#Chinainsights#Chinanews According to Chinese media Caixin.com, on February 12, 2024, Angela Chao, Chairman and CEO of Foremost Group, a large U.S. shipping company, passed away at the age of 50 in a car accident. For China's shipbuilding industry, “Foremost" is a famous name. It’s one of the first Western shipping companies to buy ocean-going vessels from China, and China's largest customer for ship exports to the U.S. In January 2024, half a month before Angela’s death, the Foremost Group had placed an order worth $168 million with a subsidiary of the state-owned China State Shipbuilding Corporation (CSSC). Angela’s family is known in overseas Chinese circles as "The First Chinese American Family." Her father James Chao is the 96-year-old founder of the Foremost Group and has been dubbed “Chinese Ship King.” Have questions? Do you have something to share with us about China? We want to hear from you! Email: Cinsights.subscription@gmail.com Facebook www.facebook.com/EyesOnChina. Your support allows us to produce more high-quality videos. Copyright @ China Insights 2021. Any illegal reproduction of this content in any form will result in immediate action against the person(s) concerned.