FIGURE 9.44 The Korea subregion. (A) The largest shipbuilding facility in the world, Hyundai’s Ulsan Shipyard. South Korea, using advanced shipbuilding technologies and highly efficient shipyard management, was for years the leading shipbuilding country in the world. But Chinese production surged, and since 2011, Chinese shipyards have built more ships than those in South Korea. Courtesy SeongJoon Cho/Bloomberg/Getty Images