The U.S. Hinders China's Shipbuilding Industry, South Korea and Japan Seek Breakthroughs and Rise

Foreign Media: The US Targets China's Shipbuilding Industry, Can Japan and South Korea Rise?

As the United States vows to curb China's dominant position in the shipbuilding industry, South Korea and Japan are seeking to benefit from this competition and regain their competitive edge.

South Korean President Yoon Suk-yeol, who took office a month ago, had included support for the shipbuilding industry in his campaign platform, stating that the industry is facing a "major crisis." In a social media post on May 14, he said, "The shipbuilding industry has always been the core of South Korea's exports and job creation. I will build a maritime power that surpasses a shipbuilding superpower and leads the world."

Analysts point out that South Korea and Japan will seek breakthroughs in areas such as self-reliant ships and environmentally friendly ships to gain industrial returns in the Sino-US rivalry.

Original: https://www.toutiao.com/article/1836787574462679/

Statement: This article represents the views of the author himself.