3 ms·
> Heavy industry is mixed, with decent success in consumer vehicles now but little purchase in stuff like heavy equipment or shipbuilding Uhh, China does over
by nerdsniper 3mo ago
> Heavy industry is mixed, with decent success in consumer vehicles now but little purchase in stuff like heavy equipment or shipbuilding
Uhh, China does over half of the world’s shipbuilding.
China is also responsible for 25% [1] of the world’s heavy equipment manufacturing and is considered to have double[2] the CAGR of the global average for heavy equipment manufacturing.
0: https://www.csis.org/analysis/china-dominates-shipbuilding-industry https://www.csis.org/analysis/china-dominates-shipbuilding-i...
1: https://www.grandviewresearch.com/horizon/outlook/construction-equipment-market/china https://www.grandviewresearch.com/horizon/outlook/constructi...
2: https://www.grandviewresearch.com/industry-analysis/heavy-construction-equipment-market https://www.grandviewresearch.com/industry-analysis/heavy-co...