Let's not get ahead of ourselves and project the current build rate of 4 055's per year too far into the future.
Is China able to sustain such build rate and, indeed, even at a higher rate? Yes, it definitely can, but will it? should it? I highly doubt it.
China currently has zero large modern blue-water destroyer (> 10k tons), yet it will have two carriers in service by next year, and is very likely to have four carriers around 2025. Based on this projection, PLAN will need minimum 8-12 055's by then. It is therefore much more likely the build rate is based on that plan, rather than on whether what it is capable of, or GDP numbers, exchange rates, etc. The reason we're seeing such a high build rate right now is because PLAN is significantly behind schedule in terms of number of 055's needed to support carriers.
I believe once the number of 055's in service is more or less aligned with the number of carriers and other blue-water navy activities, the 055's build will slow down to a more sustainable rate. It simply doesn't make sense to build 4 055's a year far into the future. I do think, 055 will have multiple upgrades and therefore will continue to be built for long time to come, though.
Is China able to sustain such build rate and, indeed, even at a higher rate? Yes, it definitely can, but will it? should it? I highly doubt it.
China currently has zero large modern blue-water destroyer (> 10k tons), yet it will have two carriers in service by next year, and is very likely to have four carriers around 2025. Based on this projection, PLAN will need minimum 8-12 055's by then. It is therefore much more likely the build rate is based on that plan, rather than on whether what it is capable of, or GDP numbers, exchange rates, etc. The reason we're seeing such a high build rate right now is because PLAN is significantly behind schedule in terms of number of 055's needed to support carriers.
I believe once the number of 055's in service is more or less aligned with the number of carriers and other blue-water navy activities, the 055's build will slow down to a more sustainable rate. It simply doesn't make sense to build 4 055's a year far into the future. I do think, 055 will have multiple upgrades and therefore will continue to be built for long time to come, though.