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
Do you think the US relies on Chinese food imports? The US is absolutely self sustainable with food. The country with a billion people is going to starve well before anyone else.
Cool, that’s food checked off. Now what about manufacturing?
Also, the same could be said for China, do you think China relies on US food imports?
Both sides would be pretty fucked when it comes to manufacturing. Both sides would just adapt tho.
China does rely on US and global imports. They’re a net importer and it’s been getting worse in recent years.
This is why everything in your house says “made in China”, right? because they have no manufacturing capacity?
What? Who said they have no manufacturing capacity?
Okay, got it, great bit! You really had me going haha