How did China come to dominate global shipping?

How did China come to dominate global shipping?

The Donald Trump administration has announced that it will take on China’s dominance in global shipping. The industry is dominated by Asia, with China comprising over 50 per cent of global merchant vessel cargo capacity and having a virtual monopoly on shipping container production. This matters because around 80 per cent of the volume of international trade in goods is carried by sea, giving China a huge advantage over its competitors

Why Donald Trump has a $260bn mountain to climb to break China’s tightening grip on global shipbuilding

Despite policy-driven slowdown, Chinese shipyards dominate global orderbook