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Home World Asia Pacific

China’s Subsidized Shipbuilding: Latest Pillar Industry

24 March 2025
in Asia Pacific
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China’s Subsidized Shipbuilding: Latest Pillar Industry
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China has emerged as the world’s leading commercial shipbuilder, surpassing the US, Japan, and South Korea over the past four years. Its share of merchant tonnage production has skyrocketed from 5 percent to over 50 percent by 2025. The rise of Chinese shipbuilding is a significant development in the global maritime industry.

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Tags: ChinasIndustrylatestPillarshipbuildingSubsidized
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