Increased Oil Imports 'Spur Plans to Build More Ships'

Discussion in 'China' started by t_co, Jul 23, 2014.

  1. t_co

    t_co Senior Member Senior Member

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    Increased Oil Imports 'Spur Rise in Shipping Costs, Plans to Build More Ships' -

    I have heard through reliable sources that a blue-ribbon panel in the Chinese Navy recently delivered a detailed presentation on how much attrition US and Japanese subs could inflict on Chinese shipping over the course of a 30, 60, or 90-day conflict. It would seem that the Chinese government is now building up enough slack in Chinese merchant shipping to absorb the losses and still come out swinging.
     
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