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Stockholm International Institute: China is the world's second largest arms producer

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Stockholm International Institute: China is the world's second largest arms producer Empty Stockholm International Institute: China is the world's second largest arms producer

Post by rocky on Mon 27 Jan 2020, 1:45 am


Stockholm International Institute: China is the world's second largest arms producer

09:50 - 27/01/2020



Stockholm International Institute: China is the world's second largest arms producer 864654-696x392
The information / Baghdad ..
According to the Stockholm International Peace Research Institute (SIPRI), China has become the second largest arms producer after the United States.
In a report published by the Stockholm International Institute, today, Monday: "China, which ten years ago relied on importing weapons, is ranked second on the list of arms producing countries, ahead of Russia, knowing that the United States is in the forefront."
The report warns that the secrecy surrounding the "arms sales figures for Chinese companies is still an obstacle to a comprehensive understanding" of the country's arms industry.
"We can certainly say that China has become the second largest arms producer in the world, behind the United States and against Russia ... they (the Chinese) no longer need to rely on other countries to arm themselves," said Nan Tian, ​​a co-author of the report.
The Swedish Institute researchers confirm that they had difficulties obtaining credible data on the size of the arms industry in China, given that all arms companies in the country are state-owned, and Tian said in this regard, "everything is closed under the slogan of national security."
The names of three Chinese arms companies are included in the list of the ten largest arms producers in the world, according to the Institute's data.
The value of Chinese arms sales ranges between 70 and 80 billion dollars annually, and it goes mostly to various pieces of the Chinese People's Liberation Army.
Ten years ago, China relied heavily on importing weapons from Russia and Ukraine.
Chinese arms companies have become more specialized than their overseas counterparts, with the state-owned AVIC, the country's largest arms company, producing aircraft and electronics for aviation.
According to estimates by the Swedish Institute that China is ranked fifth on the list of the largest arms exporting countries abroad, which is of concern to researchers, because China has signed only a few instruments and regulations that impose controls on the sale of weapons. Ended in / 25 pm



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