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These big shipyards are China's shipbuilding power players and are cranking out new warships at a breakneck pace

By Business Insider   |   Sep 21, 2024 at 07:52 AM EST
These big shipyards are China's shipbuilding power players and are cranking out new warships at a breakneck pace

China's shipbuilding industry surpasses the US with over 230 times the capacity and holds 50% of the global shipbuilding capacity. The rapid growth in its naval forces, including advanced warships and vessels, has caught the attention of the US.

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