Alerts

SIPRI Says China Second Largest Arms Producer Ahead of Russia

A Paper by Stockholm International Peace Research Institute (SIPRI) revealed that China is the second-largest arms producer in the world, behind the United States but ahead of Russia.

The rise of the Chinese arms industry having overtaken its former Communist rival Russia and attempting to play catch up with the United States will denote the depth and volumes in production which are wholly indigenous.

SIPRI has identified information from 2015–17 on the value of arms sales by major Chinese arms companies. The research looks at four companies for which credible financial information is available. The companies cover three sectors of conventional arms production: aerospace, electronics and land systems with combined estimated arms sales totalling $54.1 billion.

SIPRI has identified 20 major Chinese arms manufacturers.......................

Please or to Read More Entire Article

Related Tags

Article by Same Author

In case you come across any suspicious activity, any suspicious movement or have any information to tell to the Anti-Terror Squad, please take a note of the new ALL INDIA TOLL-FREE Terror Help-line '1090'. Your city's Police or Anti-Terror squad will take action as quickly as possible. Remember that this single number 1090 is valid all over india. This is a toll free number and can be dialled from mobile phones also. Moreover, the identity of the caller will be kept a secret.

Please try to make aware each and every citizen of india about this facility.

Helpline 1090