A report details how China in two decades has grown to be the dominant global player in shipbuilding, dwarfing the U.S., which now has only 0.1% of the global market.

China has become the dominant shipbuilder, while the United States’s efforts have been plagued by several problems. Last year, the China State Shipbuilding Corporation built more commercial vessels by tonnage than the U.

China is leveraging its globally dominant commercial shipbuilding industry to support its naval modernization—and foreign companies are inadvertently helping. This report outlines how the United States and its partners can confront China's dual-use shipyards.

In only two decades, China has grown to be the dominant player in shipbuilding, claiming more than half of the world's commercial shipbuilding market, while the U.S. share

The USA is ramping up its actions against China's dominance in the shipbuilding industry. Authorities plan to impose fees of up to $1.5 million on Chinese ships docking at American ports. According to CNBC,