Chinese weapons export declining | Poor quality & weak performance taking toll
[YouTube-Defense Updates] China supplies weapons to over 53 nations, most of which are not markets for big arms suppliers such as the United States or Russia.
China's arms exports find significant markets in countries such as Pakistan, Myanmar, and Bangladesh, as well as various nations across Africa and the Middle East.
But just like its overall economy, not everything is going well when it comes to weapons export.
According to the Stockholm International Peace Research Institute (SIPRI), China's arms shipments fell 7.8 % between 2016 and 2020 when compared to the preceding five-year period.
Its global market share has shrunk from 5.6% to 5.2%.
In this video, Defense Updates analyzes why Chinese weapons exports are declining significantly?
Posted by: DarthVader 2023-09-27 |