China builds 500 times more ships in a year than the US

China builds about 540 times as many ships in a year as the United States, said Republican John Molenar, a member of the U.S. House of Representatives.

 

John Molenar spoke about high production rates in China’s shipbuilding industry. According to him, the Chinese market accounts for more than half of the global volume, while the US lags behind the PRC in this area.

“Today, the US accounts for one-tenth of one per cent of the world’s shipbuilding, while Chinese shipyards, nearly 20 per cent of whose operating costs are subsidised by Beijing, account for 54 per cent,” the lawmaker said at a hearing in the lower house of Congress.

The Republican representative believes Beijing is ramping up production to “ensure sustained industrial dominance and the triumph of the authoritarian system.”

“The Communist Party of China seeks to become the arsenal of autocracy in the world”, – concluded John Molenar.

Recall, earlier the head of the Chinese Foreign Ministry Wang Yi at a press conference on the margins of the 2nd session of the National People’s Congress of the 14th convocation said that Russia and China have created a new model of relations between major powers, which the United States can not understand.