China's top two shipbuilders are finalizing a merger that began in 2019, creating the world's biggest shipbuilding company.

The $16 billion deal is expected to further widen China's lead over the United States, as President Donald Trump pushes to revive the nation's stagnant shipbuilding industry.

Newsweek reached out to the White House via email for comment.

Why It Matters

China has vaulted to the forefront of global shipbuilding over the past two decades. The country's largest state-owned shipbuilder, China State Shipbuilding (CSSC), delivered more commercial vessels by tonnage in 2024 than the entire U.S. shipbuilding industry has produced since the end of World War II, according to Washington, D.C., think tank the Center for Strategic and International Studies.

China's shipbuil

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