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China displaces Germany as world's third largest arms exporter – report
Monday, March 16, 2015 19:42
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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 percent 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 capabilities, with an emphasis on maritime assets,” Siemon Wezeman, senior researcher with the SIPRI Arms and Military …. http://in.reuters.com
Source: http://luismmx.blogspot.com/2015/03/china-displaces-germany-as-worlds-third.html
