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

Published 2024-04-17
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

All Comments (21)
  • @wsj
    Read more about how Chinese shipyards are thriving and primed to build at wartime rates, while U.S. shipbuilding is in disarray on.wsj.com/3Um68Fa
  • @tewat4389
    America:On Mondays, Wednesdays, and Fridays, it's the China-collapse theory; on Tuesdays, Thursdays, and Saturdays, it's the China-threat theory. Sundays are for rest and relaxation.🤣🤣
  • @LY-cy5vs
    US has more than 300 military bases surrounding China, and you blaming China for building ships.
  • Recently bought some recommended stocks and now they are just penny stocks. There seems to be more negative portfolios in the last 3rd half of 2023 with markets tumbling, soaring inflation, and banks going out of business. My concern is how can the rapid interest-rate hike be of favor to a value investor, or is it better avoiding stocks for a while?
  • @DeannaMurray-zv
    Overall, 51% of traders think this year would favor stocks, mutual funds, and other equity-based investments, despite Treasury yields and other safer cash-like investments paying big. I’m looking for opportunities in the market that could fetch me $1m ahead of retirement by 2025
  • @KingOfNaraka
    Is the US going to complain about China over-capacity on ship building, too?
  • @MGZetta
    Yeah, building 51% of all ships means they build more ships than the rest of the world combined.
  • @Benny-tx5qd
    As a Chinese, I want western media stop talking my country and focus on your own country.
  • @user-py1jw3kp4p
    When your opponent criticizes you, that means you are on the right track, so focus on self improvement no matter what they say
  • @user-gx4jb8kc1t
    this story failed to mention US never achieve market dominant in commercial ship building cause the quality and cost simply not competitive on a global scale
  • ships can be used for leisure, for transport, for cargo, etc. how come this video only talks about war?
  • @jeffhowser3054
    I worked at a shipyard in San Diego for 2 months. There was no overtime offered, the pay was so low I couldn’t survive in San Diego. I had to quit and go back to my old job
  • @ABb-eu1jk
    Is it all China's fault again???????
  • @chillstep4life
    The real problem is China main focus is always on the commercial side. While US main focus is military. One actually makes economic sense, while the other just drains the tax payers. 😭
  • US sits around and complains; China focuses its energy on building difficult things consistently.
  • @truezyf
    when USA build 11 A/C carriers, did China say anything?
  • @danysl2008
    Anything that US can’t do, must be China’s faults. Sounds so familiar these days.
  • @wenling3487
    If USA does not spend $3 trillion for wars in the past 2 decades, USA can have a decent shipbuilding industry