How does the industrial rivalry affect britain's relationship with germany?

The Industrial rivalry between Britain and Germany leading up to World War 1, was all about the "Arms Race" of Dreadnaughts (the battleships).  Any nation could possess an Army, but only a highly sophisticated country possessed a modern Navy.  Prior to aircraft and tanks; Armies just consisted of just men.  Navies consisted of machines (engine powered machines).  Consequently, technology was required to build a Navy.   Britains"s Armies had colonized much of the world, due to England's ability to project their military might with their Royal Navy. If Germany wished to send its Armies abroad, it too must have a Navy, and a powerful one to challenge Britain's fleet. The Kaiser goaded his cousin Nick (Tsar of Russia) into fighting the Japanese in 1904 to 1905, thus eliminating the Russian Navy as a competitor in the Arm's Race. Italy and France were not serious contenders in the eyes of Germany. The U.S. was too far away to be considered to be a threat. That left Britain. Great Britain and Germany built up their Dreadnaught Fleets and engaged at Jutland in 1916. A battle is known as the "Battle of Lost Opportunities", as both claimed victory. However, the Germany Fleet never challenged Britain again. WW1 remained basically and land war because of that.