Twenty years ago America made more than twice what China did. Now China makes more than America, Europe and Japan can match in some tallies.
When one country controls nearly three-tenths of global factory output and the processing of the minerals that feed it, every shortage, tariff fight or wartime demand spike runs through Beijing first. The share numbers are not abstract. They are leverage.
IBTimes UK summary: https://www.ibtimes.co.uk/chinas-manufacturing-dominance-global-shift-1810921
bne IntelliNews: https://www.intellinews.com/china-and-russia-cement-their-grip-on-global-manufacturing-457499/
India Today on the 28% figure: https://www.indiatoday.in/business/story/china-manufacturing-world-share-28-percent-india-global-manufacturing-share-3-2957943-2026-07-28