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

Published Dec 06 2021 at 1:43 PM GMT
  • Chinese 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….



  • Published Dec 6, 2021 1:43 PM GMT