NEWSMAX
OPINION
U.S. Can't Afford China's Control of the Oceans
By Larry Bell
Monday, 31 March 2025 10:16 AM EDT
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Beijing has gained great progress in achieving military and commercial trade control of the world’s oceans through massive state-financed shipbuilding and maritime port infrastructure investments at the expense of U.S. national security and economic competitiveness.
According to the Congressional Record Service, China is projected to have 435 warships by 2030, outnumbering the U.S. fleet by more than one-third.
The comparative U.S. shipping trade market is shrinking as well.
Whereas the U.S. had a commercial fleet of more than 5,000 ships at the end of World War II constituting 40% of the world’s total, only about 90 ships involved in international trade sail under U.S. flags today.
Since the end of the 1970s, even the U.S. has increasingly relied on other nations for commercial shipping services, with 98% of America’s shipping trade depending upon foreign-flagged ships for exports and import supply chains that fuel our economy.
China’s naval growth is nourished by government subsidies — an estimated $132 billion between 2010 and 2018 — which have secured nearly half the world’s shipbuilding market, along with control over the ports and shipyards.
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READ MORE: https://www.newsmax.com/larrybell/china-shipbuilding-navy/2025/03/31/id/1205020/
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Monday, March 31, 2025
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