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2026-10-06T07:54:52.000Z

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Chinese Ships and USD dominance

The article addresses the global economic rivalry between China and the United States, focusing on control over maritime routes, transportation ports, dollar-based financing, and their impact on international trade. The report indicates that China employs shipbuilding and investments in ports to strengthen its naval influence, having secured 69% of new ship orders in 2025 and holding significant shares in ports such as Zhangkai and the Red Sea Gateway. Meanwhile, financial control remains American, with the U.S. dollar used in 74% of global trade invoices and financing 60% of international loans, despite its share in global reserves declining to 56.7%. The article discusses how influence is distributed among shipbuilding, asserting control over strategic corridors, and financial dominance, amid the continued expansion of digital currencies and international payment technologies. It explains that other countries leverage their strategic positions to accumulate gains within this competition, while the Strait of Hormuz, the battlefields in Ukraine and Taiwan serve as strongholds in the rivalry between the two powers.

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