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Manufacturing Tech, Media & Telecom

China weapons exports up 88% as arms imports drop from 2011-2015

China’s weapons exports grew by 88% for the period from 2011 to 2015 as arms imports fell 25% compared with the previous half-decade–though it still accounted for only 5.9% of global arms exports for the period, well behind the US and Russia, Reuters reported, citing a new report published by the Stockholm International Peace Research Institute. “The Chinese until ten years ago were only able to offer low tech equipment. That has changed,” said Siemon Wezeman, senior researcher with the institute’s Arms and Military Expenditure Programme. “The equipment that they produce is much more highly advanced than ten years ago, and attracts interest from some of the bigger markets.”

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