China has become the dominant shipbuilder, while the United States’s efforts have been plagued by several problems. Last year, the China State Shipbuilding Corporation built more commercial vessels by tonnage than the U.

A plan by the United States to levy fees on China-linked ships will hurt global supply and industrial chains and undermine the interests of U.S. companies, China's foreign ministry said on Monday.

A report details how China has grown to be the dominant global player in shipbuilding, dwarfing the U.S., which now has only 0.1% of the global market.

The USA is ramping up its actions against China's dominance in the shipbuilding industry. Authorities plan to impose fees of up to $1.5 million on Chinese ships docking at American ports. According to CNBC,

The United States is increasing efforts to counter China's dominance in the shipbuilding industry. Authorities plan to impose up to $1.5 million fees for Chinese ships docking at U.S. ports. According to CNBC,

The U.S. has unveiled a new anti-ship ballistic missile designed with China in mind, signaling a strategic shift in naval deterrence. Explore how this cutting-edge weapon could reshape power dynamics in the Indo-Pacific region.