China becomes world’s fifth-largest arms exporter
China is moving up on the list of the world’s largest suppliers of arms around the globe.
The Associated Press
STOCKHOLM — China has bypassed Britain as the world’s fifth-largest arms exporter, a Swedish think tank said Monday.
The volume of Chinese weapons exports rose by 162 percent in the five years 2008-2012, compared with the previous five-year period, the Stockholm International Peace Research Institute (SIPRI) said in its report. That means China’s share of all international arms exports increased to 5 percent from 2 percent, and the country climbed to fifth from eighth in the rankings.
The largest buyer of Chinese weapons was Pakistan, which accounted for 55 percent of the country’s exports, followed by Myanmar with 8 percent and Bangladesh with 7 percent, SIPRI said.
“China’s rise has been driven primarily by large-scale arms acquisitions by Pakistan,” said Paul Holtom, director of the SIPRI Arms Transfers Programme. “However, a number of recent deals indicate that China is establishing itself as a significant arms supplier to a growing number of important recipient states.”
Such deals include the sale of three frigates to Algeria, eight transport aircraft to Venezuela and 54 tanks to Morocco, SIPRI said.
The United States remained the world’s top arms exporter during the 2008-2012 period, with 30 percent of the global volume. Russia was second with 26 percent, Germany third with 7 percent, and France fourth with 6 percent, SIPRI said.