Luiz C. Ribeiro/NY Daily News/Getty Images
- The threat of a conflict over Taiwan has put the spotlight on the US and Chinese navies.
- The US Navy has been shrinking, meaning China's is now the world's largest.
- A major decline in US shipbuilding capacity could be a problem in the future, analysts say.
The oceans are once again becoming a key geopolitical battleground.
In the Indo-Pacific, the aggressive shadow of China is growing. Meanwhile, sea-based drone warfare in the Black Sea between Russia and Ukraine and the Houthi rebels' disruption of commercial shipping in the Red Sea have become conflict hot spots.