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TL; DR: > China’s shipbuilding sector has undergone a striking metamorphosis. Twenty years ago, the country was a peripheral player in the global shipyard busi
by throw0101d 2y ago
TL; DR:
> China’s shipbuilding sector has undergone a striking metamorphosis. Twenty years ago, the country
was a peripheral player in the global shipyard business. Today, it dominates the industry. At the
heart of this transformation is the China State Shipbuilding Corporation (CSSC), the world’s biggest
shipbuilding group. The firm built more commercial vessels by tonnage in 2024 than the entire U.S.
shipbuilding industry has built since the end of World War II.