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FT.com: How China Rules The Waves (Shipbuilding Tech, Port Tech, Shipping & Maritime Network)

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And so, automation continues, and the risks of unemployment rise.
 
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I think everybody does what they are better at. Take the military component from the US foreign diplomacy, it is just your regular former European colonialist power - a shadow of their former self.

Don't forget the power of printing dollars. :cheesy:
 
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not necessary, people are sent to make robots, and manage robots, meaning less work with more fruits, meaning less working time with more payment;
technique progress has never led to unemployment, constitution has.
That's not necessarily true, and if it is, it won't be for long.

Machines are perfectly capable of creating more machines, in assembly lines. It's not just China, but the whole world is facing this issue, and it is going to get worse and worse. China and India are just going to be bigger examples of it, due to sheer population.

Historical examples simply do not work in this day and age; in the past, humanity has had at least a century to create new jobs, as technological progress was slow and a loss of unemployment, due to new technologies, could be easily compensated. This is no longer the case, as technological progress isn't slow anymore, and is only becoming faster, Simply put, humanity no longer has the luxury of time to find replacement jobs.
 
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It's not just China, but the whole world is facing this issue, and it is going to get worse and worse.
Don't worry bro, the problem is not going worldwide but highly concentrated in very few regions. The top 5 markets (China, South Korea, Japan, US, Germany) of industrial robots accounts for 75% of world market in 2015, further increase from 70% from previous year. According the IFR forecast, China (Mainland, excluding Taiwan which is world's 6th largest) alone will account for 40% of world total in 2019-2020.

jhfljahjfl-png.368090

Though already largest in aggregate robotics numbers, China is yet to grow in terms of robotics density (49 robots installed per 10,000 workers by end 2015). World's highest is South Korea (531), followed by Singapore (398) in 2nd, Japan (305) in the 3rd, Germany (301) in the 4th. China will have to close the gap with these smaller but very advanced industrial powers.

hshfas-png.368095

http://www.ifr.org/fileadmin/user_u...ecutive_Summary_WR_Industrial_Robots_2016.pdf

https://defence.pk/pdf/threads/its-...-in-the-workforce.424300/page-11#post-9104475
 
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Global Shipbuilding IndustryRankCountryCompleted Gross tonnage in 2015, 000s Market Share by New Orders in 2015
1
23px-Flag_of_the_People%27s_Republic_of_China.svg.png
China25,160 35%
2
23px-Flag_of_South_Korea.svg.png
South Korea23,270 21%
3
23px-Flag_of_Japan.svg.png
Japan13,005 27%
4 Others 5,000 17%

In terms of cumulative new orders over the first four months of this year(2017), China still remains top shipbuilding country having secured 78 vessel orders worth 1.43 million CGTs. Korea is the runner-up with 1.23 million CGTs, or 34 ships. Italy and Finland came in third and fourth with eight orders worth 740,000 CGTs and two orders equivalent to 330,000 CGTs, respectively. Japan ranked fifth with 250,000 CGTs, or 11 ships.

Chinese shipyards held the biggest order backlog of 26.82 million CGTs, trailed by Japan with 17.73 million CGTs and Korea 17.62 million CGTs.
 
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Global Shipbuilding IndustryRankCountryCompleted Gross tonnage in 2015, 000s Market Share by New Orders in 2015
1
23px-Flag_of_the_People%27s_Republic_of_China.svg.png
China25,160 35%
2
23px-Flag_of_South_Korea.svg.png
South Korea23,270 21%
3
23px-Flag_of_Japan.svg.png
Japan13,005 27%
4 Others 5,000 17%

In terms of cumulative new orders over the first four months of this year(2017), China still remains top shipbuilding country having secured 78 vessel orders worth 1.43 million CGTs. Korea is the runner-up with 1.23 million CGTs, or 34 ships. Italy and Finland came in third and fourth with eight orders worth 740,000 CGTs and two orders equivalent to 330,000 CGTs, respectively. Japan ranked fifth with 250,000 CGTs, or 11 ships.

Chinese shipyards held the biggest order backlog of 26.82 million CGTs, trailed by Japan with 17.73 million CGTs and Korea 17.62 million CGTs.

Can you please provide sources for your data as well?
 
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The global shipbuilding industry is controlled by China, Japan and S. Korea. That's not news!
Ships.jpg
Ships3.jpg
 
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That's really pleasant a news to see Asia doing so well in shipbuilding. I hope the same becomes the case for high technology and advanced A/C within next decades.
 
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We use to only make lower valued ships like container ships, nowadays, I see LNG ships, deep sea submersible drill rigs, etc. We got better at the game.
Yes, China is fast catching up with SK in maritime equipment tech. In recent years many advanced mega ships are made for both domestic use as well as for foreign buyers, here is one latest example:

uecc_auto_eco.jpg


European short-sea operator United European Car Carriers (UECC; jointly owned by Nippon Yusen Kabushiki Kaisha and Wallenius Lines) launched the second of its two new pure car/truck carriers, TBN Auto Energy, at the Nantong Cosco KHI Ship Engineering (NACKS) shipyard in Nantong, China. The new PCTC is a dual-fuel liquefied natural gas (LNG) vessel, featuring the 1A Super Finnish/Swedish ice class.

auto eco 16x9.jpg

  • With a capacity of approximately 3800 cars, including 6000 sqm of high and heavy cargo, it will be the largest dual-fuel LNG PCTC in the world with the ability of loading cargo on 10 decks with a maximum cargo weight of 160MT.
  • “It is a ground-breaking moment seeing our second LNG PCTC vessel, one of the most technically advanced PCTCs ever built on the water,” Thomas Ekhaugen, Head of Fleet & Cargo Handling, said.
  • With a length of 181 metres and a width of 30 metre, TBN Auto Energy will undergo sea and gas trials, during which the vessel will test its engines using LNG fuel. Ordered in March 2014, the two dual-fuel LNG PCTCs are capable of operating with LNG fuel or heavy fuel oil and marine gas oil.
 
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