 CSBC and TSBC merged in 1978 and was known as China Shipbuilding Corporation until 2007.On 9 February 2007, the board approved the name change to Taiwan Shipbuilding Corporation with immediate effect, with a ceremony to take place on February 12 to commemorate the name change.Critics argued that the name change was another case of President Chen's desinicization act, while proponents argued that the name change would help to avoid potential confusion with China.