China's largest state-owned shipbuilder, the China State Shipbuilding Corporation (CSSC), built more commercial vessels by tonnage in 2024 than the entire U.S. shipbuilding industry had since WW2 ...

Limits on China's Exports Despite this global footprint, China's arms trade remains regionally narrow. While its defense industry has grown, total exports declined by 5.4 percent from 2020 to 2024.