The slide’s authenticity was confirmed by a Navy spokesperson, who cautioned that it was not meant to be an in-depth analysis.
The slide shows that Chinese shipyards have a capacity of about 23.2 million tons compared to less than 100,000 tons in the U.S., making Chinese shipbuilding capacity more than 232 times greater than that of the U.S.
The slide also shows the “battle force composition” of the countries’ two navies side-by-side, which includes “combatant ships, submarines, mine warfare ships, major amphibious ships, and large combat support auxiliary ships.” The ONI estimated that China had 355 such naval vessels in 2020 while the U.S. had 296. The disparity is expected to continue to grow every five years until 2035, when China will have an estimated 475 naval ships compared to 305-317 U.S. ships.
Another section of the slide provides an estimate on the percentage each country allocates to naval production in its shipyards, with China garnering roughly 70% of its shipbuilding revenue from naval production, compared to about 95% of American shipbuilding revenue.
Because of China’s centrally planned economy, the country is able to control labor costs and provide subsidies to its shipbuilding infrastructure, allowing the Chinese to outbid most competitors around the world and dominate the commercial shipping industry, Sadler said.
Alternative title - “Central planning is more efficient than markets” confirms US Navy
I have said many times already, a US-China war won’t be centered around sinking surface fleets. This isn’t WWI or WWII.
The problem China will encounter with the US Navy is their submarines that can terrorize shipping lanes (a large portion of Chinese export logistics) and thereby cutting off goods/commodities into/out of China, including disruption of US import/export itself.
Why do you think China has been concentrating so much on the Belt and Road Initiative? Because only by moving their logistics inland can they avoid supply chain disruption which the US military cannot reach.
The war between US and China is an ideological one: finance capitalism vs industrial capitalism. The US believes that it can sink China through financial means, and China believes that they can stifle the US by depriving them of real manufacturing goods.
This is the ultimate showdown between ideologies, and we will find out the answer within our lifetime.
I don’t think it really makes sense to adduce an industrial capitalism in china at its (clearly very advanced) level of financial development. under capitalism industrial and bank capital have to merge to form finance capital; if they don’t then that contradicts the idea that it’s capitalism in the first place. so at this point china’s system is either finance capitalism or it’s not capitalism at all
yeh like, its just socialism with a mixed market-comand economy, there is not a dictatorship of industrial bourgeoisie readying for war against the finance bourgeoisie. This upcoming conflict is the imperliasts vs the imperialised, and since the imperialists live off the labour of the imperialised, they have also dug their own grave industrially
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