How China Came to Dominate Global Shipbuilding
10:39
YouTubeBloomberg Originals
How China Came to Dominate Global Shipbuilding
Donald Trump says he wants to use big fees on Chinese ships to reboot US shipbuilding. Experts warn the move likely won’t work, and instead would raise prices for consumers and damage the US economy. China will produce more than half of the world’s new ships this year, compared to 5% in 2000, while the US barely makes any at all. So how did ...
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