Sunday, April 12, 2009

Russia-China Military-Technical Deals Worth $16 Bln Since 2001

From RIA Novosti:

MOSCOW, April 10 (RIA Novosti) - Russian-Chinese military-technical cooperation totals $16 billion since 2001, but the Chinese share of Russian arms exports is decreasing, the head of Russia's arms export monopoly has said.

"In the past 15 years, China has been one of our major customers, buying up to $2.7 billion-worth of Russian-made weaponry. The value of Russian-Chinese military-technical cooperation since 2001 totals $16 billion," Rosoboronexport's general director Anatoly Isaikin said in an interview published on Friday with the Rossiiskaya Gazeta government daily.

Russia has sold China Su-27 and Su-30 fighters, Kilo class diesel submarines, and air-defense systems, among other types of weapons and equipment.

Read more ....

My Comment: In the past few years Russia has stopped transfers of high-end military equipment to China .... counterfeiting and all of that bad stuff .... but $16 billion is still a lot of money.

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