Friday, November 15, 2013

China Is Now The World's Fastest Growing Major Arms Exporter

Members of the public wave Chinese and Hong Kong flags as the Chinese naval guided missile frigate Yuncheng (571) arrives at the Ngong Shuen Chau Naval Base in Hong Kong (Reuters)

The Politics of China’s Growing Arms Sales -- Robert Farley, The Diplomat

China is the fastest growing arms major arms exporter in the past decade

A recent article in the New York Times highlighted China’s rise as a major arms exporter. The mainstream discovery of China’s growing weight in the international arms trade won’t surprise many close observers (or many Diplomat readers), but it’s nevertheless worthwhile to study the trends in some detail.

According to SIPRI, China is the fastest growing arms major arms exporter in the past decade. Also, Chinese arms exports have moved beyond small arms and into heavier equipment, such as aircraft and warships.

Read more ....

My Comment: I concur with this article's assessment that the probable Chinese business model for it's arms-export industries is to arm the world "at a discount".

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