2024.04.18 20:54 GMT+8

Expert: U.S. shipbuilding competitiveness down due to high labor costs

Updated 2024.04.18 20:54 GMT+8
CGTN

Some U.S. research reports show that the U.S. shipbuilding industry lost its competitiveness many years ago. John Gong, vice president of research and strategy at the University of International Business and Economics Israel, says the declining competitiveness of the U.S. shipbuilding industry is due to high labor costs.

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