The article discusses China's dominance in global shipping with a fleet of 5,500 ships compared to America's under 100, highlighting concerns over national security and economic implications for the U.S.
The article highlights China's overwhelming superiority in global maritime power, boasting a commercial shipping fleet of 5,500 vessels as America struggles with a fleet of less than 100. This stark contrast raises alarms about the diminished state of American commercial shipbuilding, which has severe implications for both economic stability and national security. Estimates suggest that less than 0.4% of the tankers and cargo ships serving the U.S. market fly the American flag, indicating a significant dependency on foreign shipping.
