US Probe Shows China Unfairly Dominates Shipbuilding: Sources

Quick Summary:

Latest US probe finds China subsidized labour costs in the shipbuilding as part of plan to dominate the sector; analysts say it opens the door to tariffs by Trump The post US Probe Shows China Unfairly Dominates Shipbuilding: Sources appeared first on Asia Financial.

Scott Paul, president of the American Alliance for Manufacturing, a nonprofit labour-business partnership, said he understood that the findings were compelling.“My understanding is that … a process will be laid out to try to stop the erosion of our shipbuilding industrial base and to start it growing again,” he said.

The report comes on the heels of sharp criticism from the US and other Western powers of China’s aggressive industrial policies and over-production of commodities like steel, and reflects rare bipartisan agreement about the need to fix US shipbuilding.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Jim Pollard

Category: InvestingBusiness

Markets: Hong KongAustraliaChinaJapanSouth KoreaThailand

Topics: Fintech Asia Oceania Transport Insights ESG Transport World Market Insights China-US Economic Ties Energy

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-13 @ 11:24:30 (1 days ago)

News Timezone: GMT +8:00

News Source URL: asiafinancial.com

Language: English

Article Length: 745 words

Reading Time: 5 minutes read

Sentences: 33 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Asia Financial

News ID: 25128465

View Article Analysis

About Asia Financial

Main Topics: InvestingBusiness

Official Website: asiafinancial.com

Update Frequency: 4 posts per day

Year Established: 1990

Headquarters: Hong Kong

News Last Updated: 19 hours ago

Coverage Areas: Hong Kong

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #86

Publisher Details

Frequently Asked Questions