How China’s $100B+ Shipbuilding Empire Dominates the World
China has transformed into a shipbuilding powerhouse over the past two decades, cementing its status as a major maritime power. In 2023, more than half of the world’s commercial shipbuilding came from China, while the U.S. accounted for less than 1%.
WSJ takes a look at the strategies that led to this growth and examines where the U.S. stands as naval competition heats up.
Chapters:
0:00 China’s growing shipbuilding industry
0:34 Differences in naval capacity
3:18 Differences in shipbuilding
6:24 Differences in strategic advantages
U.S. vs. China
This original video series explores the rivalry between the two superpowers’ competing efforts to develop the technologies that are reshaping our world.
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Credit to : The Wall Street Journal