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Chinese exports of major weapons rose by 162% between 2003–2007 and 2008–2012

Chinese exports of major weapons rose by 162% between 2003–2007 and 2008–2012

Stockholm International Peace Research Institute (SIPRI) Stockholm International Peace Research Institute (SIPRI), says in its today data pre-launch ,“China replaces UK as world’s fifth largest arms exporter.”

This is the first time since the end of the cold war, that China joins the deplorable “top 5 arms exporter” index.

According to the article the five largest suppliers of major conventional weapons during the five-year period 2008–12 were the United States (30 per cent of global arms exports), Russia (26 per cent), Germany (7 per cent), France (6 per cent) and China (5 per cent).

What is most disappointing about this data is that, even in a crisis context, the overall volume of international transfers of major conventional weapons grew by 17 per cent between 2003–2007 and 2008–12.

Next June, SIPRI will be publishing the 2013 Yearbook including cutting-edge information and analysis on the state of the world’s nuclear forces, the international peacekeeping agenda and steps to control weapons of mass destruction.

Stay tuned!

Disclosure: Worldcoo ethical code don’t allow armament companies to join the community. If you want to know further about our ethical code feel free to drop us a line.

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