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China Dominates Global Shipbuilding, U.S. Faces Crisis

3/13/2025

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Summary

Story summary

China now commands over 50% of the global shipbuilding market, leaving the U.S. with a mere 0.1%. This alarming trend jeopardizes U.S. military readiness and economic prospects. Experts urge a revitalization of American shipbuilding and stronger alliances to combat China's growing dominance on the seas.

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Story summary

China now commands over 50% of the global shipbuilding market, leaving the U.S. with a mere 0.1%. This alarming trend jeopardizes U.S. military readiness and economic prospects. Experts urge a revitalization of American shipbuilding and stronger alliances to combat China's growing dominance on the seas.