Category: arms exports

Russia’s and China’s Failing Arms Exports

April 13, 2023
arms exportsBusiness & MarketsBusiness ColumnistsDronesJetOpinionThinking About China
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Commentary Every year, the Stockholm International Peace Research Institute (SIPRI) releases its annual report on the global arms trade. It is a short document (just 12 pages) but a worthwhile read. In particular, it is chockablock with useful data on international arms transfers. In the first place, for example, the volume of overall arms exports…

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South Korea Aims to Become World’s 4th Largest Arms Exporter

October 10, 2022
arms exportsarms raceAsia & PacificBusiness & MarketsChinaFA-50NATO membersPolandRussiaSouth KoreaUnited Arab Emirates (UAE)World
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New Analysis The Russia-Ukraine war has shaken the global arms industry as nations bulk up defense budgets to expand their militaries. Amid an intensified global arms race, South Korea is seeking to become one of the world’s top four weapons suppliers. “By entering the [list of the] world’s top four defense exporters after the United…

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If Russian Arms Exports Falter, Will China Fill the Vacuum?

April 12, 2022
arms exportsBusiness & EconomyBusiness ColumnistsChinaOpinionRussiaThinking About China
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Commentary In the 2005 film “Lord of War,” an arms dealer (played by Nicolas Cage) argued that armaments had become one of Russia’s biggest exports since the end of the Cold War. “After that,” he said, “comes vodka, caviar, and suicidal novelists. One thing is for sure, no one was lining up to buy their…

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