China Overtakes Germany as World’s Third-Largest Arms Exporter

[Scorpion]

China Overtakes Germany as World’s Third-Largest Arms Exporter
Report on global arms trade shows China’s share of export market more than doubled in past decade
By
ROBERT WALL and

DOUG CAMERON
March 15, 2015 7:05 p.m. ET


China has overtaken Germany as the world’s third-largest arms exporter and cut its dependence on imports by producing more-sophisticated weapons, according to a new report.

State-owned defense suppliers, such as Norinco Group, have become prominent at arms fairs, opening new markets beyond established customers in South Asia by, for example, selling armed drones to Nigeria in its battle against Boko Haram rebels.


China Overtakes Germany as World’s Third-Largest Arms Exporter - WSJ

 

[Gasoline]

I was expecting that..

 

[May102014]

Yep, It is expected that they can do all this stuff and overtakes the rank of largest arms exporter in the world. The growing strength of China's domestic arms industry served as their evidence that they are capable of producing high class and technological weaponry that any other biggest and top rank weapon producer countries were doing for longer years. That proves that Arms industry is open to global markets.

 

[vegito12]

I am not surprised as China has a big economy and also, and also is advanced in terms of technology and has a good standing in the market and also quite a good country. I reckon, that it is good that it is happening as, it shows that it is getting good in terms of arms exporter. It is interesting how, it is showing how it is advancing and also it is more bigger than germany and also will advance more as well.