China now world's second biggest weapons producer: Researchers

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NSTworld: This still represents a dramatic shift over the last 10 years as China in the past was a big importer of weapons from Russia and Ukraine.

The report by the Stockholm International Peace Research Institute suggests that China's weapons production, which has previously been shrouded in mystery owing to a lack of transparency, has grown as three of the world's top 10 arms companies are Chinese.

The report notes however that the lack of transparency remains an"important caveat" when studying the Chinese arms industry. This still represents a dramatic shift over the last 10 years as China in the past was a big importer of weapons from Russia and Ukraine.Chinese arms companies are also much more specialised than their international counterparts.

SIPRI researchers have previously struggled to obtain reliable data on the size of the Chinese arms industry, since the producers are all state-owned entities.In the report the researchers have looked into four specific Chinese companies, all of which rank among the world's top 20, and say that with an increase in the available data on these companies"it is now possible to develop reasonably reliable estimates of the scale of the Chinese arms industry.

 

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Researchers: China now world’s second biggest weapons producer | Malay MailSTOCKHOLM, Jan 27 — The opaque Chinese arms industry has made the Asian nation the world’s second largest producer of munitions, a clear shift from a decade ago when China relied on imports, researchers said in a new report today. The report by the Stockholm International Peace Research... eddydaud Of course I heard this morning the most astounding conspiracy theory, that the Coronavirus and even SARS were chemical/biological weapons developed by the PLA that were leaked out by mistake. Sometimes its just Mother Nature exacting revenge people! 😝
Source: malaymail - 🏆 1. / 86 Read more »