Sunday, March 17, 2013

China is World's Fifth Largest Arms Exporters (Stockholm International Peace Resarch Institute)

Below is copied from SIPRI's website:

"18 Mar: New SIPRI data on arms transfers - China replaces UK as world’s fifth largest arms exporter

"China has become the fifth largest exporter of major conventional arms worldwide, according to new data on international arms transfers published today by SIPRI. This is the first time China has been in the top five arms exporters since the end of the cold war. Overall, the volume of international transfers of major conventional weapons grew by 17 per cent between 2003–2007 and 2008–12."

"‘China’s rise has been driven primarily by large-scale arms acquisitions by Pakistan,’ said Dr Paul Holtom, Director of the SIPRI Arms Transfers Programme. ‘However, a number of recent deals indicate that China is establishing itself as a significant arms supplier to a growing number of important recipient states.’" 

Ranking of arms exporters: US, Russia, Germany, ??, China

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