Ng Han Guan/APChina’s exports of major arms soared 88 percent between 2006 and 2015, and the country is now behind only the U.S. and Russia when it comes to exporting weapons around the globe, according o a new report from the Stockholm International Peace Research Institute (SIPRI).
China isn’t the only nation that has seen a boost in arms sales. Weapons exports also increased for the U.S., Russia and Britain, the report states.
The study comes at a time when Beijing is trying to reduce its historical reliance on military hardware from other countries, most notably Russia, and move toward producing its …read more
Source: Business Insider
