An amphibious aircraft developed by Aviation Industry Corporation of China, ranked sixth in a report listing the world’s top arms manufacturers. Photo: Xinhua
China second to US in global arms market with three firms in top 10 manufacturers
- United States still the leading country in arms spending and sales, followed by China, driven partly by its military modernisation
- Six American and three Chinese companies dominate the top 10 makers in Swedish think tank’s annual ranking
An amphibious aircraft developed by Aviation Industry Corporation of China, ranked sixth in a report listing the world’s top arms manufacturers. Photo: Xinhua