[Arms] [Export] China the second biggest arms exporter
China exported $54 billion weapons in 2017
Rise of China
China came second, accounting for 16% of arms sales last year. Four Chinese arms-producing companies appeared in the top 25 ranking, with three in the top 10.
The arms sales by the country’s four biggest companies soared by 4.8% in 2019 as against $56.7 billion in 2018. The list included: Aviation Industry Corporation of China (6th); China Electronics Technology Group Corporation (8th); China North Industries Group Corporation (9th); and China South Industries Group Corporation (24th).