With 20% growth each year, China will likely pass Germany for the third spot in 2014. The five largest suppliers of major conventional weapons during the five-year period 2008–12 were the United States (30 per cent of global arms exports), Russia (26 per cent), Germany (7 per cent), France (6 per cent) and China (5 per cent). Besides Norinco, the country’s arms makers include Aviation Industry Corporation of China, Poly Technologies Inc. With foreign sales of $7.4 billion over the past five years, China overtook France in 2013 to become the world’s fourth-largest arms exporter, according to Stockholm International Peace Research Institute.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |