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
Is this at all a mistake similar to the USSR spending itself in a hole on their military? I know they are wildly different situations but it is food for thought. My gut says a big naval fleet is a necessary deterrent to US meddling and the difference is USSR got bogged down in wars abroad while China does not. But I'm curious on youse guys' thoughts.
the article does mention the shipyards are used both for military and civilian trade ships, and given China's maritime supply lines for the Belt and Road, it does make sense for them to invest in this area. I only know the basics and can't comment more on either the BRI or China's navy
The vast majority of China's shipbuilding capacity is commercial; China is the world's largest commercial ship builder and builds almost twice as much as #2 (South Korea). While China only has a few dedicated naval yards, commercial ship builders can be retooled to make combat vessels and (probably more importantly) logistics ships in the event of war.
Damn, staight-up privateer shit.
Chinese shipbuilding is very overwhelmingly civilian.
The OP says 70% of it's ship building revenue is from naval.