Chinese weapon makers take second biggest share of global sales as industry avoids pandemic slump

Source: China – South China Morning PostChinese arms manufacturers again notched up the second highest global sales after US firms in 2020, as the industry remained largely unaffected by the Covid-19 pandemic.That is according to the latest report on the world’s top 100 arms companies by the Stockholm International Peace Research Institute (SIPRI), released on Monday.The Swedish think tank said China’s modernisation programme and push for self-reliance in defence had driven its arms producers and services companies to become more…Read More

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