China pips Germany as world's third largest arms exporter
Beijing
CHINA has surpassed Germany to become the world's third largest arms exporter, a Stockholm-based think tank said in a report on Monday.
Exports of major arms from the world's second largest economy grew 143 per cent over the years 2010 to 2014, versus the previous five-year period, when China had ranked ninth globally, the Stockholm International Peace Research Institute (Sipri) said in a report. "Asian countries continue to expand their military capabil…
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