How China’s $100B+ Shipbuilding Empire Dominates the U.S.’s | WSJ U.S. vs. China
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
43 Comments
Read more about how Chinese shipyards are thriving and primed to build at wartime rates, while U.S. shipbuilding is in disarray https://on.wsj.com/3Um68Fa
stop sending money all over to world and keep it in the usa
Us always spy from space be careful
The heart voice of WSJ: China should make shoes, socks and T shirts forever, not ships.
It’s funny how US always think they can compete with 1.5 billion people 😂😂
The only advantage US have is they advance in technology early before other countries but that has changed and things are changing quickly, many countries nowadays are researching and developing technologically. And in the future things would be tough for US especially trying to compete with China.
We used to make stuff in this country – Frank Sobotka
US labour is far more expensive than Chinese. When Chinese labour gets to US wage standards shipbuilding will move to the next low wage region e.g. Vietnam, Indonesia, Philippines or India etc.
Where is India shipping industry?
Keep in mind that Chinas navy cannot operate far from its own shores. Although they produce a lot of ships, the ships they produce are small. Therefore they do not have large fuel storage and cannot store more than a few missiles.
So what?
I realized that the secret to making a million is saving for a better investment. I always tell myself you don't need that new Maserati or that vacation just yet. That mindset helped me make more money investing. For example last year I invested 80k in stocks and made about $246k, but guess what? I put it all back and traded again and now I am rounding up close to a million.
Do you really know, how many, and what sort of weapons, China have?? American info is based on predictions. China might have invincible laser which can reach the whole US. Rockets are obsolete. They simply burn you.🔥😱🤭
The US is busy with Binary and Non-binary people
these shipyards would be non-existent in first week of a war with US
What are the best additions to a $600k portfolio to boost performance?. ETH is Up and will do better, I believe indicators, for profits will continue to improve, investors like me believe that "Santa has come early" to the markets…
Thank you for this amazing tip. I just looked the name up, wrote her explaining my financial market goals.
Ship industries shift from America to Japan, then Korea now China. US never complain before untill it comes to China. US is not a business man now.
US Navy could outsource to China to get subside as well.
South Korea devoured 26% is impressive, its small but heavy duty country let alone China who eat half of ship building industry 😅😅
😂 it's about tonnage and capability, not how many ships you have. 80% of the ships in the chinese navy are small fishing style boats.
A ship "Made In China" is definitely something i would NOT risk my life with. 😂
The biggest problem is my eyes is that there are simply no people to do the job in the US. The US needs another skilled migrant avalanche (LEGAL) to fill these jobs
350 millions population can't compare with 1.4 billion population . USA just live in 1900 century dream
It isn't that easy for China to ramp up military shipbuilding because their naval equipment pipeline is actually no bigger than that of the US. Yes they have many more shipyards with 100x more shipbuilding capacity, but 99% of it is geared for commercial vessels. There's a reason why the PLAN is so diesel-heavy and why the few gas turbines they use are larger in size and output (28 MW average vs 20 MW) compared to the "standard" LM2500 family used by Western navies. Having "dual use" capacity actually means it's the military who have to adapt to the civilian industry's norms, not the other way around. This means diesels, big turbines, and driveshafts have to match what's available for commercial ships. A good example for this is the difficulty Dalian Shipyard had when they opened a tender for aircraft carrier elevators in 2018. We know they couldn't find a supplier because they had to repeat the tender for several years, to the point of it leaking into the public space in 2022. This is even worse for stuff like radars, ECM, guns, and missiles.
China is way ahead. US is a joke, people sleeping in the streets and sniffing on fanti. Look at LA alone it's nothing but a third world country
Cheers! to China ❤👏👏👏
we need to lean on Philippines do help build ships
Considering that china was colonized by western powers this is very impressive. Good Job 👏🏾 CPC
Shipbuilding capacity won the Pacific War 80 years ago, the U.S has a lot of catch-up to do if it wants to win/prevent the next one.
The US could just cut back wasting tax payers money on pretending to be world leaders… I mean most countries have been or have pretended to be at some point… The US has the biggest military budget in the world and not a single other country cares hahah spend more on your social care or getting people out of prison or health care. We get it you want to be a world leader, but you are world leaders in the worst health care and poverty and taxes… you do have good war ships, well done on wasting that few hundred billion haha
Interesting that when it comes to spaceships and satellites at least the situation is reversed with the US by far being the biggest builder and the commercial-military sides strongly intertwined and leveraged, and China being behind us there, so we just gotta bring that SpaceX energy and urgency to commercial shipping now
I think US should first compete with SouthKorea and Japan and maybe then China.
Anything manufactured, assembled, built, etc by Chinese will use the poorest quality materials, take shortcuts whenever possible, skip quality control and produce absolutely garbage products. Quantity versus quality. Doubt they'll refund.
With an average wage of $68 800/year, I guess the US is at a slight disadvantage!
Except chinese anything is flawed and will fall apart
US's aircraft carriers are mostly outdated old grandmas, the fact that they are measuring naval powess by "tonnage" makes it clear that China's fleet is now superior 😂
The US will never spend good money on anything if it's not military.
Precisely. China is not building a blue navy force. So why is US so afraid of China?
So Trump was correct of what he had said few years ago !
Finally they realize the China problem 😮😮
Lol china ship the most product. It makes total sense.
No good having ships when the US has far superior air power. Those chinese ships will get evaporated quickly
Shipbuilding in the United States has been dying because of the Jones act
We need to do much better and we should restart the subsidies
The Bs are so small comparing to the Ts.