Tuesday, March 19, 2013

China replaces UK as 5th largest arm exporter - Wendell Minnick

Wendell_Minnickrev
Wendell Minnick
The latest SIPRI report shows that China has replaced in 2012 the UK from the fifth place on the list of exporter of conventional arms, defense specialist Wendell Minnick writes in Defense News. 

Wendell Minnick:
The five biggest exporters from 2008 to 2012 were the U.S., Russia, Germany, France and China. This is the first time since the end of the Cold War that a state outside Europe and the U.S. has appeared among the five largest arms exporters. 
In contrast, the five biggest importers from 2008 to 2012 were India, China, Pakistan, South Korea and Singapore. 
Released March 18, the SIPRI Fact Sheet notes that the volume of Chinese exports of major conventional weapons rose 162 percent between 2003-2007 and 2008-2012, and its share of the volume of international arms exports increased from 2 to 5 percent. 
During 2008-2012, Asia and Oceania received 74 percent of China’s arms exports and Africa 13 percent, the report said.
More details in Defense News.

Wendell Minnick is a speaker at the China Speakers Bureau. Do you need him at your meeting or conference? Do get in touch or fill in our speakers' request form.

The China Weekly Hangout discussed the China-US relations in November 2012 with political scientist Greg Anderson and China veteran Janet Carmosky. Moderation was done by Fons Tuinstra of the China Speakers Bureau.
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