China’s unparalleled shipbuilding capacity has the U.S., Japan and its allies — both military and economic — rightly concerned about maritime threats to trade and security.
Without a concerted effort and international cooperation to challenge Beijing’s commanding lead in the global shipbuilding industry, those threats will materialize furthering China’s alarming dominance.
According to 2024 data from the Chinese government, the country ranks first worldwide in ship completions, new orders and order backlogs — claiming global shares of 55.7%, 74.1% and 63.1%, respectively. China is also expanding its capabilities in high value-added vessels, surpassing South Korea and Japan, while consolidating its role as a “shipbuilding superpower.”
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