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

[@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

[@user-zp6dz9jw3g]

美国造船竞争不过中国：制裁中国😂 美国人毒品使用泛滥：制裁中国😂 美国人无法使用廉价电动车：制裁中国😂 难道美国人自己没有手去创造自己的世界？ 美国政客和媒体咨询公司在葬送美国和美国人，只有别人的错，从不去治理美国出现的问题。建议美国人推翻美国政府，选择自己的道路发展国家和未来。

[@malte2505]

Dance the night away lalala

[@thompson7271]

I dont care about china I want to see a video on how rich the saudis and emiratis have become

[@Booz2010]

Slava 🇹🇼 Heroyam TAIWANese 🦾

[@brianguan147]

lol

[@yeetian2774]

The heart voice of WSJ: China should make shoes, socks and T shirts forever, not ships.

[@gravenguan]

right at the point

[@dnn32]

😂😂 it is a problem for the west to see other parts of the world having the same abilities to achieve things. I have always said we have become toxic.

[@slobodanjoksimovic4457]

they still make ships like T-shirts

[@snmailist1470]

And all of those things will ship to US and now US complain, why ?

[@aceryer]

@@snmailist1470cause the PLAN will the surpass the US navy with newer warships by 2030

[@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.🤣🤣

[@platosbeard4449]

😂😂😂 💯

[@user-hy7hr4me7k]

You really get the deep of US media.

[@michealconteh5506]

Best comment ever

[@g43654]

Chinese media: - Monday: Xi Thoughts - Tuesday: Xi visits farm, looking at pigs. - Wednesday: Xi greets foreign dignitaries, win-win cooproration. - Thursday: Xi on US-China relation in a new era. - Friday: Xi Thoughts on Japanese Imperial past. - Saturday: Xi visits university, promotes hard work and societal contributions. - Sunday: Xi condemns US on Cold War mentality.

[@wallingnaga6563]

Absolutely true 😂😂 and the Chinese really don’t give a F about USA

[@MGZetta]

Yeah, building 51% of all ships means they build more ships than the rest of the world combined.

[@wow-sham1300]

Is that the number of ships or tonnage? You can build thousands of tiny boats, but 1 large ship will always win

[@litesp]

@@wow-sham1300 Number and tonnage for both military and commercial.

[@hc1897]

@@wow-sham1300 Maybe if you look at the footage you'll see China isn't exactly building ferryboats and dinghys.

[@lakojake4215]

@@hc1897 No, they're building massive tofu dreg ships.

[@nothinghappenedatpearlharb7426]

@@lakojake4215except that’s clearly not true unless there’s a bunch of articles of splintering Chinese cargo vessels that I’ve missed out on. It’s their buildings that are tofu dregs

[@ABb-eu1jk]

Is it all China's fault again？？？？？？？

[@Vinedwall]

From the colonizers' perspective, yes😅

[@lizijian1212]

It is always China's fault.

[@free_kashmir_hawaii_america]

They built too many ship factories around our military bases.

[@zhuwang5481]

always

[@kendrickainsworth8376]

as always

[@KingOfNaraka]

Is the US going to complain about China over-capacity on ship building, too?

[@michaele4830]

So far, China is using US dollars to build it "over-capacity" ship building including military vessels.

[@CaptainFluffy6644]

Well the "complaint" is more directed at domestic policy and capacity rather than that China did something wrong, as you sensitive tankie shills always seem to think it's about

[@kangkim150]

Of course, that's how you get funding.

[@bubble997]

Bad student got to complain everything on good student, but do nothing for improvement. US is losing the competition,but won't and never lose its ability of wording 😢

[@drsmith5222]

@@michaele4830 US companies have made enormous profits by investing China.

[@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. 😭

[@andrewhicks982]

Lol what?

[@georgewang9094]

@@andrewhicks982 When a industry is mainly based on serving the US military that only takes from 1 or 2 US supplier, you get into a situation where the industry is extremely inefficient and wasteful, as we see in the US ship building industry, only exist to meet the demand of US military (often time delay for numerous years), could ask any price they want and the buyer will pay(thus no need to seek out foreign buyers to stay "profitable"), and potentially deliberately design their product to be damaged easily (so that the US government/military will keep feeding it money for repair). Now compared that to one of the asian ship building industry (China, Japan, or SK). dual use ship yards, ships need to be build fast, with quality, and cheap else your buyer will go to someone else for ships.

[@michaele4830]

Nope, you are paying for it because oil is dominate in US dollars. However, US make a terrible mistake to use it as a weapon. It causes terrible pains on it allies than Russia.

[@user-sc4te8gv6x]

The meme.“Do nothing.win”

[@jogana6909]

China promoted trade/bulid all over the world. The United States waged war/military all over the world.

[@thomasmccormack4796]

This can't be right. The Economist keeps telling me China will collapse economically at any moment.

[@ranitm468]

😂😂it’s 2024 and if u still believe what western media is telling you then the probem is you

[@louishe2124]

The news told us the Russians were fighting with shovels and the next day they told us Bakhmut fell.

[@user-hb9jq7wb7l]

我们崩溃了四十年

[@zequnzheng4280]

Based on @tewat4389, because it was not the correct day. Check it tomorrow.

[@ryanslook]

Yeah they been telling this story for 3 decades, and politicians also tell us China is a threat for 3 decades too, not sure who is telling the truth, or maybe they both lying

[@LY-cy5vs]

US has more than 300 military bases surrounding China, and you blaming China for building ships.

[@NBS-rk8bl]

Nope, we blaming china for claiming islands in West Philippine Sea...they becoming greedy now.

[@jacobbrassard2776]

@@NBS-rk8bl Lol south china sea.

[@fb079]

@@NBS-rk8bl you don't even know the correct sea 😂😂😂

[@mbk928]

But no worries america can take whatever island it wants, since it is america

[@elie1sh537]

​@@NBS-rk8bl if 300+ bases around the globe, and surrounding china with the USA militarized zones is not greedy, and putting the puppet government across those nations is not greedy... Then china claims it isn't wrong either, it's their legitimate right

[@wenling3487]

If USA does not spend $3 trillion for wars in the past 2 decades, USA can have a decent shipbuilding industry

[@RatherCrunchyMuffin]

The disaster that is the Littoral Combat Ship was designed, funded, and created during those wars. The wars and their costs weren't the problem, and they should have been good for the industry. But by the 2000s it was too late, there wasn't enough of a competent industry left

[@kristensorensen2219]

This is why beurocrats in China are better than in the United States!

[@chillstep4life]

O we have spent more than 3 trillion on wars. It's more like 9 - 11 trillion 😅

[@vangpham2514]

still have faith that your politicians including the top guy in the WH working for you? this goes both sides of the same coin politics. they waste money that is not theirs and you get the bills.

[@RH-mk3rp]

Wumao detected. Chinese Firewall violation logged. Immediately cease all activity on the free internet. This will be your only warning.

[@stanleywang7367]

"10 years ago" *shows 2003*

[@JackReacheround]

tbf i always think 2003 was 10 years ago

[@user-rr9ng9bo9l]

😭

[@wowcnmovie]

Quality of work is really low

[@joshispro345]

@@JackReacheround u stuck in 2013

[@Antenox]

I still think a 2016 car is a "new" car

[@csm1986]

China had been building the largest and most elaborate naval fleet in the world during the Ming Dynasty before America even existed.

[@Lord-oc2vc]

wasnt prc tho

[@csm1986]

@@Lord-oc2vc theyre still Han Chinese

[@jyy9624]

It was in the age of sail they also had a lot of other firsts and biggests long time ago

[@sprinkle61]

China also invented gunpowder, now we are in trouble ! ;)

[@tdn4773]

But won't pay the sovereign debt it owes!

[@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

[@Erickruiz562]

Safest approach i feel to tackle it is to diversify investments. By spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown. its important to seek the guidance of an expert

[@BeverleeR.Ziegler]

True. Having the right financial planner is invaluable. My portfolio is well-matched for every season of the market and recently hit 90% rise from early last year. I and my CFP are working on a 7 figure ballpark goal, though this could take till Q3 2024.

[@JimmyA.Alvarez]

That's impressive, have you always had guidance?

[@BeverleeR.Ziegler]

@@JimmyA.Alvarez Jennifer Lea Jenson is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.

[@JanineJ.Cromwell]

thank you for sharing; I just looked up the broker you recommended on Google and was really impressed with her qualifications. I will immediately send her an email.

[@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

[@TheBooban]

Could say the same about their cars. Or motorbikes. Or washing machines. Or vacuum cleaners. Or TVs. Burgers. They make good burgers.

[@proy3]

Like many things: This is Ronald Reagan's fault. Ronald Reagan removed subsidies for US shipbuilding without negotiating with any other country to do the same. American ships became costly and uncompetitive against Chinese, Japanese, and South Korean ships, all of whom still subsidize their industry.

[@stretchygeneral3433]

@@proy3Why would Ronald Reagan or any president in general negotiate with other countries to tell them not to subsidize their own countries industry?

[@proy3]

@@stretchygeneral3433 Because if they don't get concessions from other countries in an international industry, you end up losing your industrial shipbuilding capacity. Countries negotiate these things all the time. It's a pretty central part of foreign policy.

[@TheBooban]

@@stretchygeneral3433 so you wouldn’t loose your industries? This entire thing was planned. We de industrialized ourselves but continued to buy from abroad. Pretty crazy.

[@glennalexon1530]

That’s an industry, not an empire. Read a book, WSJ.

[@BBme]

Because WSJ is controlled and supporting politicians agenda.

[@sqrone1]

After excluding the financial industry, legal industry, and accounting industry, the U.S. economy is smaller than China's

[@user-du3gu2nm4q]

They know. Just empire sounds more Hollywood

[@longcimb]

What do u expect from a US media funded by CIA aka NED

[@jogana6909]

It is unreasonable to blame the decline of US shipbuilding industry on China's competition. In fact, before China occupied the largest share of shipbuilding, South Korea once dominated the market. Even before Korea, it was Japan. US was never on the list.

[@marko8095]

American media: Sees a shipyard, immediately wonders how to beat them in a war.

[@meshackizuchukwu287]

They always want war with anybody that is successful just to target nd destroy that success. God protect 🇨🇳

[@vervetech9395]

US can't stop thinking about war 😂

[@iqbalkhaleed3318]

yo why the USA fund Israel video comment section is turned off 😂

[@shafnaw9676]

Oh?? I thought China is copying??...China dominates Ship building, Steel manufacturing, Solar Panels, EVs, Smart phones, High speed internet... just to name a few. How can it copy all of these, if they are ahead of everyone combined? There is 2 Chinese markets, the cheap copy cat ones and the highest quality ones.

[@BushidoCodee]

What do you mean? Do you not have any idea of how intellectual property works? They steal it and copy it and manufacture it don’t be a clown

[@ramondelrosario8972]

In the real sense what China produces and sell out are for economic gains and market oriented not in militarization or for military vessel for up to now they have to catch up with the US technology until they realize they can not even put their own aircraft carrier into action for the lack of technical knowledge for a simple catapult to be operated in an aircraft carrier.

[@MrRisenKill]

Lets see: Ship building: Majority of that is foreign money getting used to build ships for foreign companies because Labor is cheap in china, while most of the ship systems that make them work are Western made, same with the designs. Meaning that they only need China cheap work force to weld them together. Also most likely highly state subsidized to keep the prices low. Steel manufacturing: Again, cheap labor costs and just ignoring Environmental standards that everyone else is employing to try to save this planet. Steel manufacturing also caused a famine in 1959-1961, as a result of Mao demanding of the people to produce more Steel, resulting in framers melting down their tools and anything they could to make steel, that then got exported. Approximately 55 million people died as a result. Also currently state subsidized. Solar Panels: Again, cheap labor, not caring about the Environment, certainly state subsidized and producing technology that comes from outside of China. They might be producing that many, yet they do not really use them for themselves, rather exporting them. EVs: State subsidized to the point that you have whole fields full of newly build EVs currently rotting somewhere in China because they where build using State money to push up the numbers to make China look good. Actual Sales outside of China are very low because they can not keep up with western competitors in therms of technology. Also, Chinese EVs tend to catch fire and explode due to low production quality. Smart phones: Again, Cheap labor for the west, building stuff for others that China did not invent. Fully "Home grown" products are regularly subpar compared to Western designs. They also will spy on you. High speed internet: Once more, producing Western Tech for the West, Internet speeds drop significantly once you leave the Big Citys in China. There is also that "Great Firewall" that prevents the Chinese people from actually accessing the actual, free Internet, like we enjoy right now. As a conclusion: China can only produce this much because outside investors want their cheap labor. Most of the Tech and designs that are build in China are foreign made, not home grown, including cheap knock offs. Despite what China may claim, they are not leading in Technology in any of these fields, in many they are behind the west, they are only leading in being cheaper than the others.

[@frka.836]

You realise the state cannot subsidized all those industries at the same time while having a better social security than the US right? Let propaganda man. China subsidize SOME industries until they are big enough to strive on their one, while the weaker players die, the strongest become world-leading. Those one will then build a network of values behind them in China. And this strategy was use by Japan, South Korea, Singapore, Taiwan, it is the east asian model "Most capital are foreign owned": This ain't the 2000's brother Technology are western made and this is true, but as always nobody reinvent the wheel, you have to start somewhere then thanks to your low production cost, you can make progress faster, the US did this to the UK, Japan to the US, and now China to Japan and the West, this is how technology get transfer. There is a reason why western companies went to China and it wasn't love or altruism. But you should keep that mentality!!

[@MrRisenKill]

@@frka.836 "(...)while having a better social security than the US (...)" I see we are going for the low hanging fruit here. But does China actually have better "Social Security" than the US and the rest of the west? No, not really. ""Most capital are foreign owned": This ain't the 2000's brother" I did not say that. I said that most things get build for foreign markets, making Chinas economy very reliant on foreign money coming in so that they are able to buy the things they need to sustain themselves.

[@danysl2008]

Anything that US can’t do, must be China’s faults. Sounds so familiar these days.

[@jogana6909]

China can't maintain its economy by printing money like the US, so it can only develop its manufacturing industry.

[@litesp]

@@jogana6909 You're saying this is a bad thing?

[@s._3560]

Not surprised. This is typical behaviour of their scarcity mindset.

[@lucanidae100]

Biden's fault...who are you kidding

[@djkinetic2020]

@@jogana6909 printing money and owing Trillions of debt lol

[@MTSeeker-jc1xm]

So many things to cry for the US: 1) Ship Building 2) 5.5G, 6G 3) Hypersonic missiles 4) Yuan currency swaps 5) 7nm, 5nm... semi-conductor nodes 6) Tiangong Space station 7) Upcoming chinese base on moon 8) Zhurong rover on Mars 9) Electric vehicles 10) EV batteries 11) Solar panels 12) Huawei 13) Comac 919 and many more. Cry me an ocean US.

[@aone9050]

Your bank account is now 50cents richer

[@John_Doe448]

@@aone9050 look at mister "I don't have any counterargument so I reach for my cheap talking point". Good job buddy

[@rkslim8385]

😂

[@jeremyfei-pj1sx]

@@aone9050 Use "到账五毛” next time 😂

[@tkw3864]

@@aone9050hey Chang, you need to get over your past humiliation by China and move on.

[@zY8xN6tQ2mL4]

Shipbuilding industry is an interesting one, which is Capital, Technology/Engineering and Labor intensive simultaneously and you know which three the US misses. Unlike what WSJ portrayed, the commercial ship building center transitioned from Europe->Japan->South Korea and now (partially) China. US never dominates it and is always MIC driven.

[@royk7712]

Ship building is the sign of national strength, Just like aircraft manufacturing. They both link to comprehensive national strength, it's not as simple as just building ship or aircraft. Behind Boeing or Lockheed, there's hundred high tech company and behind China shipyard also there's hundred high tech company. Without f35, united states military would be a joke, navy is ok but they are aging. US Navy can't be replaced as fast as China did. If both country collide, whoever build most ship and aircraft will be the winner, just like in ww2 united states dominated Germany and help UK to fight the nazi

[@Redmanticore]

@@royk7712 Anyone can have production if you are willing to pay 200 billion to pay for the automation and go to Africa to secure the mining resources, another 200 billion. you need to be willing to carry the risk, that it does not pay you back, that it's not profitable, and that it eats away from the private companies. the Western capitalist market-driven world does not have the stomach for it, only to give some small resources in aid through the United Nations, but not to gain from them on a large scale. that would be seen as "capitalist imperialism", or something. the ideology needed is too ultranationalistic for us. an alien ideology in the West, left in World War 2, left in the times, when Britain had a global empire at its largest in 1919. 100 years ago. "If both countries collide, whoever builds most ships and aircraft will be the winner," which is very debatable in the age of nuclear weapons. The United States will tolerate a lot of things, but not large-scale water-based military losses in a full-blown war, that would remove its power projection capabilities. That has never yet happened. japan tried in the Pearl Harbor incident, but then neither side had nuclear weapons. both of them should avoid conflict. when big dogs fight, they both lose. "superpowers" only have something to gain fighting smaller countries, maybe by proxy fights, not directly against each other.

[@gunsumwong3948]

US is run by mainly lawyers whereas in the China leadership many are engineers. I am an engineer too. To build ships I know the following facts (all information are from Internet and youtubes videos but be fact checked with data in public domain) (1) Ships are built using mostly steel. China overtook Japan in 1996 to become the world’s biggest steel producer when Japan made over 100 million tonnes and US was the next with 95 million tonnes. China has since been the biggest steel producer consecutively for 28 years. In the last 4 years China made more steel than the rest of the world combined while the latest steel production of US in 2023 was 80 millions tonnes or even smaller than 28 years ago! (2) To make ship one needs electrical power and at competitive price. In 2023 the published electricity tariffs shows US tariff is 2.25 times of China who has been able to maintain the cheapest electricity among the industrialized nations for decades. China is the world leader in renewable energy in each of hydro, wind and solar. Last year in 12 months alone China installed 217 GW solar power which is more than the national total of any country. The second runner-up US at the end of 2023 has just 179 GW solar power capacity. (3) To be able to build ships a nation needs order to keep the industry going. In 2005 China was the 4th largest shipbuilder with just 13.4% world market. In tonnage China built only 1/3 of what South Korea did then. In 2017 China became the world leader in shipbuilding. In 2023 China delivered ships globally 50.2%, received new global orders 66.6% and global orders still on hand 55%. US has never been a global shipbuilding competitor since WW2. (4) To run a large manufacturing global industry a nation needs manpower. To start China has a population 4 times the US. More crucially to build ships engineers are essential. It was reported in Internet that in the 10 years period between 2013 to 2022 China had produced 1.7 million graduate engineers at the time the US turned out 120,000 (ratio 14:1). The general shortage of suitable engineers was only exposed after TSMC could not fill its vacant positions when starting up a new semiconductor plant in the US. (5) Cost of a naval ship built in the US has been reported 4 times of China. This was from a report by the American navy! (6) Any large industry competing internationally must rely heavily the support from a large domestic market. China in 2023 has owned 249.2 tonnes vessels, globally 16.9%, overtaking Greece’s 249.0 million tonnes, globally 15.8%, to become the world’s biggest owner of ships. Thus China also has the world’s biggest merchant navy fleet now. When a ship docks it needs ports. Out of the world’s 10 biggest ports 7 are in China. The Chinese port in Shanghai handles more goods than the entire fleet of ports in the US. (7) The organic shipbuilding in China is a natural progression to support the economy and trades. Its navy is just a complimentary by-product. Like China in 2023 became the world’s biggest car exporter and found itself having almost no Ro-Ro ferry to export its Evs. So BYD immediately put in an order of 8 Ro-Ro ferries and is making use of the first one just delivered. In contrast the US has no need to expand it navy for defence because there has been zero external attack. Its navy has been used just for the purpose to defend American’s interest. In reality US acts hrgrmonically to harass other weaker countries as the self-elected policeman and executioner of the world. However with the biggest national debt of over $34 trillion increasing at a rate of $1 trillion every 100 days US is hard up to re-vitalize its shipbuilding except by enlarging it debt burden bigger to sink itself even faster downwards.

[@nihonyoung379]

The jewmerica said: China should make shoes, socks and T shirts forever, not chips, not ships !.

[@gunsumwong3948]

@@nihonyoung379 Sublime comment.

[@aleksandarmarre7878]

Bro China is playing Civ in real life and just pulled a harbor adjacency bonus 😭+100%

[@francozheng5617]

US denounced you: (you build more harbour districts than them😂)

[@user-co6vr9es9n]

@@francozheng5617 hah，u guys so really

[@sanuanhu9289]

给中国人发奖金?中国人表示能把工资发齐了就很不错了。你是真美国人？

[@francozheng5617]

@@sanuanhu9289 建议你还是去上贴吧

[@user-tj4kj3fk3i]

@@sanuanhu9289 笑死 你是沒看懂還是回錯文

[@morrismak]

They forgot about supply chain. For all this to work, a robust supply chain and logistics to the the parts to the shipyard timely and efficiently as possible

[@tren133]

Or the workers. Say you allocate a trillion dollars and this supply chain magically pops out of thin air, who is going to build these ships? Part of off shoring manufacturing is the loss of the workers themselves. You can't just grab some randos off the street and turn them into experienced shipyard workers overnight.

[@taipizzalord4463]

You cannot talk about US shipping without talking about the Jones Act.

[@Austin-cx2xe]

You mean the worse law ever to exist?

[@g33zer]

jones act is garbage but even without it we simply have too many nimbys and unions to compete china will build a new shipyard before we can even finish the approval process and the lawsuits

[@dreadfulbodyguard7288]

@@g33zer Unions are needed to protect worker rights.

[@jakebrod7]

@@Austin-cx2xeno Jones act, no US mariners. No US mariners, no US maritime capability.

[@reel1tv587]

The dumb act on record.

[@chrisjohn4944]

戴琦那边说要对中国造船业发起调查，这边就跟上接着舆论配合，但是我怎么感觉还是那一套没新意的老说辞--“我美国制造业竞争不过中国，不是因为我成本高，产业工人少，而是你们补贴了”。首先，美国的民用造船业从来就不行，即使在上个世纪也无法与欧洲竞争，美国厉害（目前也是最强）的是军用造舰，民用造船落后跟你里根政府补贴与否没有关系。第二，随着美国制造业外流导致产业链断裂和熟练的产业工人流失，美国想要维持现在军用造船的成本也已经非常高了，造同规格的舰艇中美之间的费效比是1:5甚至更高，这点让美国压力很大。第三，造船业是资本密集，劳动密集，技术密集，资产密集的产业，中国能以更低的成本运行下去，那是因为配套产业链成熟了，规模效应做起来了，上海有钢铁厂有大量的船用机电设备厂商可以很低成本地组织生产，同时一大批造船工人愿意辛辛苦苦加班加点累死累活地帮全世界造你们觉得利润很低的船。没办法，中国只能从这些做起去赚钱，毕竟美国只想去搞高利润的军舰，开到全世界耀武扬威配合你们的金融业发大财。美国现在觉得中国造船太多了，把军用造船搞起来了，又不乐意了，只能搞点嘴炮装模作样调查一下咯。

[@13BulliTs]

Dai Qi said over there that he would launch an investigation into China's shipbuilding industry, and here he followed up and cooperated with public opinion. However, I feel that it is still the same old and stale rhetoric - "I can't compete with China in the U.S. manufacturing industry, not because of my cost." High, there are few industrial workers, but you subsidize it.” First of all, the civilian shipbuilding industry in the United States has never been good. Even in the last century, it could not compete with Europe. The United States is powerful (and currently the strongest) in military shipbuilding. The backwardness of civilian shipbuilding has nothing to do with whether you have subsidies from the Reagan government. Second, as the outflow of the U.S. manufacturing industry leads to the break of the industrial chain and the loss of skilled industrial workers, the cost of maintaining current military shipbuilding for the United States has become very high. The cost-effectiveness ratio between China and the United States in building ships of the same specifications is 1 :5 or even higher, which puts a lot of pressure on the United States. Third, the shipbuilding industry is a capital-intensive, labor-intensive, technology-intensive, and asset-intensive industry. China can continue to operate at a lower cost because the supporting industrial chain has matured and economies of scale have been achieved. There are steel plants in Shanghai. A large number of marine electromechanical equipment manufacturers can organize production at a very low cost. At the same time, a large number of shipbuilding workers are willing to work overtime and exhaust themselves to help the world build ships that you think are very low-profit. There is no other way. China can only make money from these things. After all, the United States just wants to build highly profitable warships and sail them all over the world to show off its power and cooperate with your financial industry to make a fortune. The United States now feels that China is building too many ships and has started military shipbuilding, but it is not happy with it, so it can only pretend to investigate. yw

[@sosochio4374]

米国的军工复合体，媒体，政客，智库，甚至是工会加在一起都是一丘之貉，在一起他们就是一部战争机器。

[@logstwo4814]

过去二十年，中国已成为造船强国，海洋大国地位进一步巩固。 2023年，全球商业造船量的一半以上来自中国，而美国占比不到1%。 《华尔街日报》审视了导致这一增长的战略，并探讨了美国在海军竞争加剧时的立场。!!!

[@FairyHodum-bw8py]

老美能建造航母的船坞只有一个😂，因为造船业的减少，技术工种大量流失，都去玩金融了😂

[@leanlifer]

US Navy可以下订单给CSSC啊，只要提供图纸，帮他们造没问题

[@gulyascredo]

This video was posted yesterday? China's 003 aircraft carrier was launched on June 17, 2022, two years ago...

[@dennispresiloski3964]

This ad has been brought to you by the naval shipbuilding contractors of America...

[@Thechriswuu]

The Chinese state system certainly has some advantage in manufacturing e.g. lower cost, higher efficiency and etc. it has become a dilemma for the US and it’s adapting protectionism to cope with China Shock 2.0 which seems a bit hypocritical because the US used to promote so called free trade/free market so hard…

[@seekx2y556]

When you have the advantage, free trade; when others have the advantage, they have overcapacity. lol

[@badbadbadcat]

About the free market and free trade, the USA took a 180° U-turn when others started to be competitive. Now the government interventions are fine if it's the USA. But still the USA blames the Chinese government for the so-called subsidies

[@litesp]

@@badbadbadcat The US subsidizes solar panel installation and electric vehicle purchases. Yet we accuse China of subsidies? China's advantage is owning the supply chain, employing advanced technology and having an efficient mfg process.

[@icebaby6714]

Chines workers work 12 hour shift, 6-7 days a week...some of them even work on public holidays such as Lunar New Year.

[@mithridateseupator3492]

That's what you do, adapt. The Chinese aren't playing to rules that the Americans want. Nothing wrong for them (the Americans) to come up with a new way of dealing with China to keep themselves in the dominant position, just like China is doing to try to take themselves into the dominant position. But I wouldn't say they, the Chinese, have lower costs because they are doing things so much more efficiently. They have lower costs mostly because of the super high subsidization that Chinese industry gets in all sorts of forms - cheap loans, cheap labour (controlled by government dictate), controlled currency, etc. It's not free market economics at work here.

[@marktrinidad7650]

When America do things its called analyzing. When China does things its called copying. 😂

[@imhimdk1785]

Because they do and America is the topic of the world. Who tf in America is thinking about what a Chinese person did today?

[@zulkanainbaharuddin2185]

When japan does it it's call reverse engineering.😊😊😊

[@icemanzw]

@@zulkanainbaharuddin2185😁😁😁😁😁

[@mystictraveler8642]

Give me a break.

[@BushidoCodee]

How much IP have they stolen? Don’t be stupid

[@andrewfuzh]

Ship building will never return. End of the story.

[@litesp]

Absolutely. My company is pulling manufacturing out of China and into Vietnam or India, NOT back to the USA.

[@lolcatjunior]

​@litesp Chinese trade volume with India, Mexico and Vietnam has also increased last year.

[@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

[@klerb342]

Why does every industry channel only ever cover how "China is dominating the U.S in _________" I have genuinely never seen it the other way around lol

[@luciusael]

Because that gets views

[@johnnybravo964]

Yeah I am wondering the same thing. I think it is too convince the public that the USA should spend more on military.

[@murdercom998]

​@@johnnybravo964America has already lost sadly. Which worries me as a Canadian, sure the USA has fewer but better ships but currently they have a huge downside. The navy hasn't figured out how to rearm their VLS tubes without returning to a special friendly port. So essentially they could fire their weapons and retreat all the way back to Japan or gaum perhaps further once those ports are knocked out. China will contunie to pump out 200x the gross tonnage.

[@luciusael]

@@murdercom998 What kind of a conflict are you imagining here? You know, if the Americans are DIRECTLY engaging Chinese naval fleets, the quantity of ships one side has versus the other side would be irrelevant, since they both will shove nukes into each other's faces. Actually, the Russians would join in on that, so it'll be a three-way nuke party.

[@Mr.mysterious76]

@@murdercom998 How sure are you that US ships are better, China doesn't own half the market for no reason

[@mysticalwind4632]

One side always complains, criticizes and bad mouths the other side all the time. The other side diligently gets things done.

[@Chaser-mw1fb]

China has an entire news organization to bash the west. No one’s a good guy in civilizations, take the victim status else where

[@seitherecorderofworlds]

ships can be used for leisure, for transport, for cargo, etc. how come this video only talks about war?

[@bumbengtey8464]

I’m struck by how the US is always focused on building its military capabilities instead of focusing on commerce. trade ie essentially peaceful friendly activities. As opposed to it’s never ending war mongering inclination

[@litesp]

This is how the empire ends. Eisenhower warned about the threat from the Military Industrial Complex.

[@icebaby6714]

The US policies are driven by the profits of Military Industrial Complex, selling more weapons and F-35 fighter jets and fighting more wars will bring more profits to MIC.

[@brandonso]

If the "world's greatest democracy" weren't so obsessed with waging war and having military bases on every continent, it might be capable of making a microwave oven, or a TV.

[@JA-pn4ji]

Don't forget financial speculation.

[@voidoli212]

Raegan, Thacher and Hayek

[@litesp]

We can't even claim to be democratic anymore since elected leaders work for donors, not the American people who voted for them. Eisenhower warned that every dollar we spend on war takes away from the future of America.

[@Balboainc]

Luckily we get it from the people that let us have military bases in every continent. It's free real estate!

[@bingus549]

Greatest country to ever exist. Not "greatest democracy". Greatest everything.

[@davidanalyst671]

Britain had the largest navy in the world until they stopped being the superpower....

[@exelrode]

Well no one is talking about britain here, stop living in the 19th century dude. Also Britain's Naval power was over with the death of the empire , without the empire and the vast colonies britain was never a superpower, infact not even the strongest european power considering how they had the full might of the strongest empire on earth and yet they couldn't win either of World War on their own and needed the american help , not to mention the Soviet Red army fighting in WWII on eastern front

[@Tabula_Rasa1]

@@exelrode They were always great maritime power, but they were never great land power. The British couldnt take down Napoleon and needed a gang of EU countries.The same story for WWI and WWII.

[@ozmodiar5561]

Now they don't even have an automotive industry. Really a case for study.

[@exelrode]

@@ozmodiar5561 British economy was actually very dependent on the colonies during the time of the empire, it provided them a huge market for british goods and also working as major source for raw materials which they would import into UK at obviously much lesser cost than they would from a sovereign nation. So as a result british industries were never really able to compete internationally without the colonies to support them

[@adam68756]

China had the largest navy and largest ships in the Ming Dynasty ( 1368 - 1644 )

[@SeleneDing]

us ship building was never competitive since Jones act, which was more than 100yrs old by now. even around WII, which was the highlight moment of us shipyards, they built ships at twice the average global cost. now, us ship building cost is more than 10 times the global average.

[@zulkanainbaharuddin2185]

Don't forget the craftmen, engineers & designers required for shipbuilding.

[@brianguan147]

so only one country in the world can use subsidy?

[@jont2576]

When china uses subsidies u get ur money's worth.when us uses subsidies,nothing really gets done the project drags on for 7 years and the funds dries up,and then they spend the next 6 years discussing why the initiative was a failure.

[@in4ser]

We do subsidize industry, the Military Industrial Complex. Why else does the tens of billions “Foreign Aid” we give to Taiwan, Ukraine and Israel come with the requirement for them to buy American weapons? Don’t worry we’re gonna also going to increase the defense budget too so we can subsidize them more.

[@scipioafricanus4875]

China appears to be the number one economic power house

[@bobbyaxelrod5959]

They aren’t

[@valorz6064]

Just say you hate America...

[@williamalfonso1373]

Lets reflect on this comment in 20 years. The Chinese are able to do this due to a large cheap labor market. Due to the lasting effects of the 1 child Policy, the population is decreasing every year.

[@sqrone1]

After excluding the financial industry, legal industry, and accounting industry, the U.S. economy is smaller than China's

[@SpruceWood-NEG]

​ They are just the top industrial powers. Equivalent to the United States and the European Union.

[@rzlnie]

“USTR Initiates Section 301 Investigation of China’s Targeting of the Maritime, Logistics, and Shipbuilding Sectors for Dominance” Then, there is a video.

[@dexterdr.7020]

good signs that political propaganda industry thriving

[@user-ew5eh2co5p]

They always mention the 11 US carriers. But they are OLD. Only one carrier was recently built. The other 10 is between 30 to 50 years old. Only 4, maybe 5 of the US carriers is seaworthy at anytime.

[@georgefenrirbitadze4757]

Carriers today are outdated, they can be destroyed by advanced hypersonic missles and drones. They are huge targets in a big war.

[@djkinetic2020]

And the carriers are useless, they are so useless that they might aswell don't exist. nobody cares about them not a single country

[@Enalog3]

In the event of a war those carriers are sitting ducks for China's hypersonic missiles.

[@themiddlekingdom9121]

China is produced the most steel on earth that why the Chinese are able to build ships very fast, vertical intergration.

[@MGZetta]

Now with new tariffs, steel price outside the US will fall and Chinese ships will be built even cheaper. Lol.

[@themiddlekingdom9121]

@@MGZetta More profitable ...for the Chinese ship builder or builders.

[@niklasnorberg5071]

10 times more then nr 2 two and russia is about tied with US behind them

[@NeostormXLMAX]

Same reason why byd is si competitive since they make batteries

[@themiddlekingdom9121]

@@NeostormXLMAX Yes, BYD also used vertical businesses. The American complained that the Chinese are overproduced their products; they put tariff in very high, from solar panels and now electric vehicles. The American government officials and businessemen don't know the Chinese mindsets. Anyway, The Chinese need charge more what they produce so the Westerners won't complain......LoL.

[@alastairclarke]

How are salaries/ wages completely absent from this story? This work in the USA is heavily unionized and workers are making +$100,000 USD salaries. (Personally, I think this is positive.) Average shipyard salary in Shanghai is ~$10,000 USD. So CSSC can hire 12 to 20 workers for the same $ as 1 worker in California. Of course they're going to be able to build more!

[@maomaoya9527]

别再自己骗自己了，这和工资没任何关系！你们的工业规模和体系以及工人素质都很差，根本就比不过中国！

[@sam.p12345]

Yes but high salaries aren’t necessarily a good thing - all it does is inflate up prices, particularly assets and housing costs. So the PPP of US and CN wages is probably more similar than it sounds. But, as you note, the disadvantage of high salaries is uncompetitiveness in the international market.

[@oneshothunter9877]

We need to learn from Russia/Ukraine war. Drones of all kinds.

[@drwalka10]

how is this a positive ? Maybe just maybe the high salaries are a major reason we don't ship build ....

[@tomoconnell2320]

Unions are a positive…..for Union members and that’s absolutely it.

[@nesseihtgnay9419]

People keep saying that the US have a better quality of warship but people forget that quantity is a quality all on its own. The number can overwhelm US warships

[@guitarninjarick8179]

Well more tonnage, more missiles, more experience, more advanced tech, u get the point.

[@feinw2514]

American car is basically industrial garbage in terms of quality . So is the ship building industry

[@austinlin148]

You clearly have no idea how naval warfare works

[@_spooT]

yes, but not when your ships are literal paper. You may have quantity, but quantity is nothing if they're already broken before they can even do their job. That can cost the lives of people. Look at the tensions in the West Philippine Sea. A former PLA navy warship-converted into a coast guard vessel for the Chinese Coast Guard, got cocky and tried to block a Philippine Coast Guard vessel. It resulted in the Chinese Vessel hitting the Philippine Vessel. What happened was there was 2 large tears or holes on the side of the Chinese Vessel, while the Philippine vessel barely got scratched. I worked as a SMAW welder in a shipyard. Steel used in ship building do not break that easily. The worst that could happen would be a nasty dent, not tear open the steel. Imagine if all Chinese Navy Warships had a quality like this. Literal paper.

[@user-sc4te8gv6x]

@@austinlin148 Isn't it that our warship discovered the enemy's warship and launched hypersonic anti-ship ballistic missiles to destroy them？

[@quakslikeaduck]

Feels like the statement "The US used to dominate the X industry in YYYY, but ever since YYYY, that industry has gradually dwindled away" is becoming more and more frequently used.

[@dormungwesinie1755]

That just one of shipbuilding port of China they have many more

[@halo7250]

In short, size does matter. Even an elephant can be killed by millions of fire ants attacking it all at once. If China were to use its shipyards to manufacture cheap AI-powered kamikaze submersible drones at breakneck speed, a 200x difference in production capacity would be a significant advantage. Even the most advanced US ships would be vulnerable to wave upon wave of drone attacks, which could potentially sink the carrier group near China water. China's military production output is what the USA used to be, and potentially even larger than the USA ever was during WW2 in comparison.

[@RandomDude-yv5zf]

Bro doesn't know what a CIWS is or how carrier groups work and it shows

[@teondrehughes670]

US carriers are hard asf to sink

[@juiceontheloose123]

@@RandomDude-yv5zfif the ship is relying on ciws for deterrence its already lost

[@halo7250]

@@RandomDude-yv5zfExpand your horizon and imagine the future of wars to come. Ukraine submersible drones sunk Russian ships that had CIWS onboard as well right? Like it or not Air, Land, and Sea drones are part of the future doctrine of network-centric warfare. Stealthy sub bouy or recon drones will act as the sensors for the shooter drone fleet, and a combined arms tactics comprising a barrage of air launched torpedoes, cruise missiles, glide bombs, aerial drones will keep the point defense system of the carrier group busy. Expendable wild weasels drones will try to jam all spectrum of the aircrafts in the sky, Aegis and carrier radar systems. While Hundreds if not thousands of small submersible attack drones will focus it's attack on a designated section of the carrier hull, repeating it's attack on a singular point until the ship is no more, and then move on to other targets in similar fashion. When the day comes when war is inevitable, do you think China will hold back on its attack? It will throw everything at its disposal to sink the carrier group, short of a nuclear strike.

[@valorz6064]

@@juiceontheloose123 60% of the time it works every time 😎

[@jon_nomad]

232 times over the US in 2023. There are over 1,200 shipyards in China.

[@michaele4830]

Even if US wanted to upgrade or build boats, it cannot. Where are the manpower to build the boats? Maybe, refugees from South American or Philippines.

[@k-studio8112]

US could take their shipbuilding companies to the Philippines or acquire the whole subic port just like they did in the past. Philippines is the fourth biggest shipbuilder after china, japan, and sk plus a very cheap labor.

[@jogana6909]

Biden let a lot of Migrants into US.

[@PK-pp3lu]

Mostly the lack of shipbuilding yards.

[@PlaYer-sn5or]

No you need skill workers

[@michaele4830]

US did not forget why she got chased out from subic@@k-studio8112

[@horridohobbies]

The USA is *hopelessly* behind China in shipbuilding capability. It simply cannot provide enough funding to allow the USA to catch up to China. Let's remember that the USA has a $35 trillion national debt (growing by $1 trillion every 100 days).

[@artemasward5842]

I own 7 Evergrand Apartments. If Mr Xi was a real man he would make Evergrand finish my apartments so I could retire.

[@litesp]

@@artemasward5842 Or Xi can do what Bush and Obama did - by paying off the bankers and screwing the home owners. Xi took a hard line by not bailing out anyone in order to discourage further real estate speculation. He is focusing on building more affordable housing to encourage young couples to start families to address population decline.

[@keyboardt8276]

The video claims that shipbuilding is "repetitive" but it's actually one of the least. Every ship usually has customizations from the client even if it may be based on a common platform; it's not like mass-producing widgets that all have the same specs.

[@MasterChief37]

Really one of the biggest shipbuilding project I’ve been involved in has so far build over 50 RST’s for multiple customers to the same design in 3 different shipyards. Viking line have build 16 identical cruise ships and and about 80 river cruise vessels all to the same design.

[@keyboardt8276]

​​@@MasterChief37that's my point, you consider those to be big numbers in the shipbuilding industry but those are really low numbers compared to mass producing hundreds of thousands or millions of the same item

[@YSKWatch]

I guess, it's more about constant flow of works, so the worker, materials, and equipments are always ready. china can plan and prepare all of those resources at massive scale. resulting cheaper cost and easier knowledge transfer / skill development (a newbie can be expert in a short time).

[@MasterChief37]

@@keyboardt8276 it’s all relative, those are big numbers in shipbuilding.

[@michaele4830]

For over 200 yrs the sun never set on the British Empire but it does. For US, it is at the edge of 200 yrs. For China it is just the beginning of a 200 yrs cycle.

[@Xcelcior6780]

Rightly said

[@none8708]

But China’s economy is crashing…. population aging. few innovations. How to SUSTAIN for 200 yrs?!

[@litesp]

@@none8708 China is an innovator in solar, batteries, EV, nuclear, wind, AI. China's economy is slowing along with a global recession but hardly crashing as many in the west dreams. Aging population is a real problem, but Japan has it even worse.

[@bdleo300]

@@none8708 YT Mickey Mouse fantasies.

[@beemy.6923]

Yo insane fearmongering content drop!!!! Can’t wait to see what’s next

[@bingus549]

Thiiiss

[@SpazzyMcGee1337]

The Jones Act was meant as an indirect subsidy to the American ship building industry. Without the direct subsidies we neither have our cake nor eat it. The US Government needs to decide, either end the Jones act (thereby reinvigorating domestic water trade) or resume subsidies to ship building (which would by ludicrously costly).

[@15jorada]

This. The Jones act needs to be repealed as soon as possible. This is a matter of national security.

[@jakebrod7]

@@15joradano Jones act, no US mariners. No US mariners, no US maritime power. It’s not just about the shipbuilding, it’s also about who we have running our merchant fleet

[@donfully]

can you explain how Jones Act stiffen US shipping industry?

[@SpazzyMcGee1337]

@@donfully Interstate Martine trade is harder when ships cost much more than they need to.

[@mactep1]

@@donfully it prohibits foreign-made ships to from carrying goods or passengers between 2 US ports. For example, this makes it impossible to ship natural gas domestically, since there are no US made LNG ships.

[@TimeT-ob9vz]

In summary, China should not do anything better and stay poor, whereas USA should always be making all the money and be rich.

[@adgworld]

We're comparing the no 1 ship builder with the country that does 1%? Why not compare China and Korea?

[@wei270]

Korea is starting to lose the race as of last year, primarily due to rising us interest rates. a ship production has a long production cycle so company such as these need to borrow heavily to maintain operations. the Korean shipyards borrow from the global financial system which have their cost increased when us raise its interest rate from 0 to 4%, the chinese shipyard is borrowing from the isolated chinese internal finanical system, and they are reducing interesting rates.

[@michaele4830]

US boat builders or military vessel are facing a backlog vs China "overcapacity" ships building. Why?

[@jogana6909]

US can import ships from China, just like many other commodities.

[@qiupingliLiwaing]

​@@jogana6909Americans generally choose Korean shipbuilders when buying ships and rarely buy Chinese ships.

[@Sara_Kuster]

China don't know producing items in small quantities 😂😂

[@Percival5]

I smell jealous here😂😂😂😂

[@MasterChief37]

That’s not true at all. Chinese complies can build small batches of high quality products.

[@panacea26947]

@@MasterChief37nah china can’t build high quality anything period😂

[@timpaull9340]

@@panacea26947 cope

[@ragnarokws2670]

​@@panacea26947 ""China cant build high quality "" cos you not willing to buy high end quality made in China. You get what you pay.

[@SouthernIg]

South Korea: We can produce some ships for you, U.S. 😊😊

[@Booz2010]

Slava TSMC 🇹🇼

[@brian9107]

Thats smart. Put your warship building capabilities right next to your biggest rival. See nothing wrong with that.

[@ayeshaamanat-zn2uf]

south korea is losing population due to low birth rate and this will not going to match up with China .

[@Re-bl1li]

@@brian9107 Welcome to Asia geopolitics I guess

[@jt-ttt]

​@@brian9107 number one and number two rival country, South Korea is too close to Russia and China, and north Korea😂

[@pumelelabanca1442]

Imagine working in that ship thats easy to replace when lost. Rich people are playing a video game.

[@Souchirouu]

Too many people do not understand economics. The "Unfair" subsidies China gives businesses that show they are capable is something the US does as well. Always has. With a small exception, China expects a RETURN on their investment from the subsidies they spend meanwhile the US corporations just expect an endless money well. That is why the US (and EU to some extent) are struggling so much all the "profit" subsidies, tax breaks etc make possible do not go to the government. Honestly, the US is the worst investor in recorded history. The only reason they still exist is because they have the monopoly on the dollar and on violence.

[@masterchafer]

It seems every time we hear about something wrong the US did that ruins things for us now it was because of Reagan. That guy seriously destroyed so much of what made America amazing.

[@ivybae9906]

And who elected reagan? Oh the merrican voters. Democracy At it's finest display, isn't it?

[@nnf9431]

China is going to come out for 4 nuclear powered type 004 carriers by 2030

[@jaybee9269]

If they ever get one working.

[@lyfeofbill2764]

@@jaybee9269 A country that can spit out engineers like nothing, I don't think that's going to be a problem. Its just a matter of time.

[@jaybee9269]

@@lyfeofbill2764 >> They are still stealing intellectual property on a massive scale. Can they do anything that requires creativity?

[@Doggiedogedog]

China could do 20 if they spent as much as the us and focused on imperialism. It’s not the countries intention

[@jetli740]

@@jaybee9269 they got nuke sub already it even easier to put that in a aircraft carrier?

[@yunfenglu6619]

Admire the courage of wsl for not turning off comments 😂

[@RESatellite]

China is building 4 type 055 destroyers at the same time right now while the USS Constellation is still on PPT

[@captiannemo1587]

“Too many ships are past their prime” 4:49 Shows what seems to be the USS Texas Battleship which hasn’t seen service since WW2.

[@generalsirc2615]

In ww2 the usa built a ship yard, the town for its workers and all the roads and infrastructure in 6 months. With competent leaders the USA could ramp up production very fast.

[@HakanKurt-mg5zq]

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.

[@Robertj.thompson]

Thanks for continuing updates I'd rather trade the stock market as it's more profitable. I make an average of $34,500 per week even though I barely trade myself.

[@Robertj.thompson]

I'm favoured financially, Thank you Jesus $32,000 weekly profit regardless of how bad it gets on the economy

[@GiovanniM309]

How ..? Am a newbie in crypto investment, please can you guide me through on how you made profit?

[@HakanKurt-mg5zq]

Thanks to Patricia V Vesely.

[@HakanKurt-mg5zq]

She's a licensed broker here in the states

[@aronestrada-go3hk]

US sits around and complains; China focuses its energy on building difficult things consistently.

[@ulikemyname6744]

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

[@litesp]

Wages cannot keep up with inflation. We are stuck in an inescapable cycle of raising interest rates or higher inflation.

[@kevinc1200]

Not that easy, U.S. is behind in commercial ship building period. It doesn't have engineers with the right skillset, a world reputation for building cost-effective commercial ships, the marketing and sales channels in addition to skilled labor. yes it has advanced warships but its not the same thing. Just because you can build a supercar doesn't mean you can match Toyota in making cheap high quality cars, or be able to provide the same kind of marketing and customer service. U.S. would have to enter into incredibly competitive industry (main competitors being China Korea and Japan) with basically nothing.

[@ulikemyname6744]

@@litesp Data shows otherwise

[@ulikemyname6744]

@@kevinc1200 To be honest, the shipbuilding industry is 1 revolution away to change completely. The future might be in robots and humanoids for the US shipbuilding industry. That's the advantage the US has - technology.

[@memrman8331]

@@ulikemyname6744 The US doesnt have an advantage in mass producing technology. That is why all the advanced microchips are made in Taiwan and all the iphones are made in China. Sure you can dream up new technology all day but you need the ability to produce it

[@markc6140]

Instead of trying to learn how certain countries have excel the US in certain fields, the US is always looking for ways to exonerate its incompetency.

[@definitelyfrank9341]

"Chinese submarines are several generations behind what the US is _able_ to put into the water" I found that subtly funny.

[@rhysanthony]

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.

[@mack-uv6gn]

Does the US produce anything anymore?

[@metanews7656]

copium

[@jetli740]

yes US produce the most USD from their super efficiency USD printing machine

[@ZweiZwolf]

US Dollars and inflation.

[@PlaYer-sn5or]

Politicians

[@mack-uv6gn]

@@PlaYer-sn5or 😂

[@Monkey341]

I believe the commercial ships China built are according to military standards. In the event of war, many of these ships can be quickly converted into frigates and warships.

[@user-yt8gu1cl5x]

It is worthwhile for China to build so large a shipbuilding capacity because it is the most modern in the world with the highest labor productivity.

[@pw_jc]

Doesn't help that the US Navy went with not one, but two types of LCSs and is trying to get rid of them asap.

[@foobar-xh5gs]

Perhaps US Navy can make a contract let CSSC making next generation aircraft carrier for them.

[@pjconey]

You weren't complaining when S.Korea was the worlds main ship builder. Let's face it, Americas main ship building concentrates on warships, who would have guessed?

[@AshishBagade-hv4el]

Keep going China....u have best of luck from a random Indian :)

[@kevinjenner9502]

Until they’re able to match the US Navy’s recent history of collisions with merchant vessels, they ain’t diddly squat.

[@SpazzyMcGee1337]

Chinese ships are colliding with Filipino ships all the time.

[@kevinjenner9502]

USS Bonhomme Richard. Self erasing.

[@vorlon81]

that is a feature not a bug@@SpazzyMcGee1337

[@Percival5]

You talk about history we in the present here😂😂😂

[@litesp]

@@SpazzyMcGee1337 Let the insurance companies work out who hit whom.

[@Argus-ut8gi]

The title should be changed to--How the U.S. arms manufacturing industry dominates the world.

[@litesp]

Have you been paying attention to western depletion of arms in Ukraine?

[@Argus-ut8gi]

@@litesp Fake news, this is just an excuse for them to make more weapons.

[@Argus-ut8gi]

@@litesp I can't imagine why a country would set up its military bases in every corner of the world. Does he think he can replace and be above the UN?

[@Argus-ut8gi]

​@@litesp Time and time again my comments have been deleted based on democratic values. Lol

[@vlhc4642]

When China mobilizes their entire industry for war, Americans will realize just how silly their own "arms industry" actually is.

[@RifleG36]

The US government needs to reinstate subsidies to help revive its shipbuilding industry and emulate China's civil-military fusion strategy to improve economies of scale and speed of construction. .

[@litesp]

The more subsidies you give, the more profit will be made by the private industry who can kick $ back to the politicians. The problem is building for profit rather than building for purpose.

[@deezeed2817]

Not possible. The U.S is run by capital

[@onnmohdyusoff]

The truth is the cost of labour in US is exorbitant. It is losing in state of the art technology to China. Supply chain chips & rare elements is probably another factor.

[@willscui]

As an north American IT worker, I feel blessed. Now I’m in Beijing, most engineers working at least 10 hours per day, 6 days per week. They are talented people with eager to learn and grow. I dreaded to compete with them. At Friday night , the subways are packed with workers going home. It’s big contrast to Silicon Valley highways light traffic at Friday.

[@zhouzhou-dc6oq]

You should be thankful, because they work longer hours for probably half your salary, and they endure congested commutes and high housing prices.They live a more depressed life than you do.

[@loremasteringwion9930]

North American IT worker who writes English like a Chinese ESL student

[@mohitpardeshi]

@@loremasteringwion9930 seems like a bot the way he wrote that comment .

[@loremasteringwion9930]

@@mohitpardeshi Too many bots on yt these days

[@bdleo300]

@@loremasteringwion9930 yeah, you for example.... actually bots are more intelligent.

[@royk7712]

Shipbuilding industry is not just about shipping. It's entire industrial chain from steel to ship. There's hundreds of supplier is needed to support 1 shipyard. You can actually link comprehensive national strength with ship or aircraft manufacturing capability. United States has aircraft advantages now.

[@JA-pn4ji]

Quite right, China's steel production is 1 billion tons per annum, the highest ever achieved by any country with and without war.

[@andraslibal]

This reminds me of a WW2 video where the US vastly outproduced Japan in shipbuilding ...

[@frankcolumbo4481]

US Carriers are dinosaurs...hypersonic missiles now rule the waves.

[@curtislc4475]

every empire falls, then rises another. thats just how it is

[@velavanlaack9134]

The video implies if China wants more warships, it can get as many as one can imagine

[@ZweiZwolf]

China only spends 1.6% of GDP on defense. If China spent 3% like the USA, their defense spending would double, so yeah, they can get whatever they want, as much as they want.

[@Mrch33ky]

If the US bothered to invest in it's own maritime resources and industry this wouldn't be a problem. But this is the world the brilliant billionaires of financialization have forced down our throats. Well done billionaires club. Well done.

[@Poster-ji2mq]

美国这么说是谦虚了，光看二战时期美国海军下饺子的速度就知道了，只不过战争潜力没爆发出来罢了。

[@ramatgan1]

What they are really saying is how dare China develop. They should stick to making T Shirts, Toys and iPhone Chargers.

[@LH1xx]

That's what they want India to do also.

[@nihonyoung379]

The heart voice of WSJ: China should make shoes, socks and T shirts forever, not chips.

[@danysl2008]

Easy for US to compete. Just subsidize 100% and employ all those unemployed.

[@litesp]

Cut military spending by 85%, close 850 foreign bases. Invest in education, healthcare, infrastructure.

[@young1151]

Shipbuilding is the most labor intensive industry by far. There is no way the US can match China in the maritime.

[@Melior_Traiano]

They build one cargo ship per day during WWII. If the US really wanted to they could definitely compete.

[@ZweiZwolf]

Indian labor is 1/4 the cost of China. It's not just labor cost or all shipbuilding would be in India and Africa.

[@Flightman453]

@@Melior_Traiano It's not WW2 anymore. Always "If the US really wanted to". If that were the case, they would've done that decades ago, and it's hurting them now. And it's not as easy as you think it is to just put all that infrastructure in place. And forget about the politics associated with such things.

[@litesp]

@@Melior_Traiano Wages, experience, corporate profits. Not possible anymore.

[@Melior_Traiano]

@@Flightman453 I never said it would be easy nor that the infrastructure etc. is in place. However, a country with 330 million people, an economic powerhouse, that used to have this capacity in the past, could rebuild it again if it really wanted / needed to.