Monday, March 16, 2015

China Is Now The World's Third Largest Arms Exporter


Wall Street Journal: China Overtakes Germany as World’s Third-Largest Arms Exporter

Report on global arms trade shows China’s share of export market more than doubled in past decade

China has overtaken Germany as the world’s third-largest arms exporter and cut its dependence on imports by producing more-sophisticated weapons, according to a new report.

State-owned defense suppliers, such as Norinco Group, have become prominent at arms fairs, opening new markets beyond established customers in South Asia by, for example, selling armed drones to Nigeria in its battle against Boko Haram rebels.

U.S. and allied military chiefs and lawmakers have expressed concern about China’s fast-growing military capabilities and territorial claims in the Pacific, but its role as an exporter has garnered less attention.

WNU Editor: The Sipri report on global arms sales is here.

More News On China Being The World's Third Largest Arms Exporter

Institute: China now world's third-biggest arms exporter -- AP
China displaces Germany as world's third largest arms exporter: report -- Reuters
China Becomes World’s Third-Largest Arms Exporter -- NYT
China becomes the world's third largest arms exporter -- BBC
Study: China has grown to world's third-biggest arms exporter --
China increases arms exports by 143% to place third behind US and Russia -- IBTimes
China Topples Germany in Arms Exports -- The Diplomat
China Edges Out Germany to Become the World’s Third Largest Arms Exporter -- Time
China arms exports surge 143% in 5 years -- Financial Times

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