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China Ranks No. 1 in Asia in Arms Exports

Huanqiu reported that, according to the website of a Russian think tank, China is now a leading world exporter of certain munitions. Based on the 2004 to 2011 statistics of the Russian think tank, China ranks 10th in the world and 1st in Asia in arms exports. With a total value of $8.73 billion, China’s arms exports surpass that of all other Asian Pacific countries combined. It exports 51.65% of the total value of all arms in the Asian Pacific region.

Source: Huanqiu, December 11, 2012