Chinese weapon makers take second biggest share of global sales as industry avoids pandemic slump
Published
Dec 06 2021 at 1:43 PM GMT
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- 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….
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- Published Dec 6, 2021 1:43 PM GMT