China might soon shift the world naval balance and unseat the US as the modern master of the seas. The process appears to already be under way, and there is little that Washington can do about stopping it.
Visibly shaken by what it has seen on a photo showing just one of China's military shipyards near Shanghai, the business magazine Forbes recently told its readers an alarming story about the "impressive rate" and "vast scale" of Chinese naval modernization.
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