As China steps up efforts to take more market share in the global shipbuilding industry, some Western countries are poised to pull back to avoid overreliance on Chinese manufacturing at a time of politically charged de-risking.
The China State Shipbuilding Corporation became the biggest shipbuilder in the world after a merger in 2019, and the government-run Xinhua News Agency said last week that the builder had seen a “boom of overseas orders” this year, with production plans scheduled into 2027.
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