"US Navy Secretary said on February 21 that China’s Navy has considerable advantages over the US Navy, including a larger fleet and greater shipbuilding capacity, underscoring the urgent need to modernize the US fleet."
I thought that US has the largest navy, but apparently China is just better at building things, including warships.
Chinese economy, now almost using North Korean military first policy, is becoming more and more a military economy where more and more money is going to military.
China spends around 200-300 billion dollars on the military. This might seem small compared to US spending over 700 billion. However, you must understand that US pays more money for same things. This is due to price difference. In the US, military production is privately owned and the government pays the price that private companies ask.
China has mostly state-owned military production. This reduces the prices, allowing China to get more from less.
China is likely to completely overtake the US in the military strength.