The People’s Liberation Army Navy is already the world’s largest navy with more than 370 ships and submarines. The country also boasts powerful shipbuilding capabilities: China’s shipyards are building many hundreds of vessels each year, whereas the U.S. is building five or fewer, according to a U.S. congressional report late last year.
However, the Chinese navy lags behind the U.S. Navy in many respects. Among other advantages, the U.S. currently has 11 carriers, all nuclear-powered, allowing it to keep multiple strike groups deployed around the world at all times, including in the Indo-Pacific.