How China’s $100B+ Shipbuilding Empire Dominates the World | WSJ U.S. vs. China

<h2>How China’s $100B+ Shipbuilding Empire Dominates the World</h2> 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. #China #Navy #WSJ Credit to : The Wall Street Journal

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