Chinese shipbuilding industry

lcloo

lcloo

Captain
Topazchen said:
How can they compete when they are having to import workers from central Asia ?

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South Korea is facing critical population decline, according to Morgan Stanley. Heavy industries that need a lot of skilled workers might have problem, such as ship construction industry, thus their ability to compete with China is limited.

At the end of 2024, Korea became a "super-aged" society, which the United Nations defines as an economy with more than 20% of the population 65 years old or over. Notably, Korea took roughly seven years to reach this status, compared with
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, the first “super-aged” nation, and 19 years for Europe and its bloc of 27 economies.

If the size of South Korea’s working population continues to decline, the economy could begin contracting by 2040, compared with its current growth of 2%, according to the Korean central bank.
 
D

dingyibvs

Senior Member
lcloo said:
South Korea is facing critical population decline, according to Morgan Stanley. Heavy industries that need a lot of skilled workers might have problem, such as ship construction industry, thus their ability to compete with China is limited.

At the end of 2024, Korea became a "super-aged" society, which the United Nations defines as an economy with more than 20% of the population 65 years old or over. Notably, Korea took roughly seven years to reach this status, compared with
Please, Log in or Register to view URLs content!
, the first “super-aged” nation, and 19 years for Europe and its bloc of 27 economies.

If the size of South Korea’s working population continues to decline, the economy could begin contracting by 2040, compared with its current growth of 2%, according to the Korean central bank.
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Exactly, and that's been the main failure of Trump's line of thinking. "I'm your biggest customer, if you don't do what I say then I'll just buy from somewhere else". That's works when you're one real estate developer out of thousands, it doesn't work at a global scale when there is no "somewhere else" and it can take years if not decades to develop an alternative.

I wonder if he feels similarly about being a large debtor. A very large debtor has a lot of power over the creditors, so he might mistakenly overvalue America's power as a large debtor nation. Countries are not banks, money is not the only thing that matters. A creditor nation like China can afford to let a debtor like the US go bankrupt and lose all its dollar-denominated assets because the resulting world order would allow China to make all the money back in short order.
 
by78

by78

General
by78 said:
Status update: the ship control system of Adora Flower City has come online.

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Adora Flower City has been floated.

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