A report by the Center for Strategic and International Studies highlights that a single Chinese state-owned shipbuilder produced more commercial vessels in 2024 than the entire U.S. industry since WWII. This shift underscores China's domination in the shipbuilding sector, which has drastically changed over 20 years, and raises national security concerns as foreign companies may be unintentionally aiding the expansion of the Chinese navy. As China's production has soared to over 50% of global output, the U.S. response involves fees on Chinese ships, which China warns would not revitalize American shipbuilding.
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.
The CSIS report illustrates the challenge: China has gone from producing less than 5 percent of the world's commercial ships in 2000 to accounting for more than half of global production last year.
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