Armaments: a third of the largest manufacturers are now Chinese

Reserved for subscribers

The United States retains the top five spots in the top 20, but Beijing has the largest naval shipbuilder in the world.

By Guerric Poncet

> and presented the People’s Liberation Army flag to the ship’s captain and political commissar. ” title=”Chinese President Xi Jinping Names Nuclear Submarine< Changzheng-18 >> and presented the People’s Liberation Army flag to the ship’s captain and political commissar. “/>

Chinese President Xi Jinping christens the nuclear submarine ‘Changzheng-18’ and presents the People’s Liberation Army flag to the ship’s captain and political commissar.
© LI GANG / Xinhua via AFP

Published on 06/12/2022 at 3:47 p.m.

I subscribe to 1€ the 1st month

Sept of the twenty largest arms manufacturers in the world are now Chinese, compared to three in 2019, according to a study published Monday, December 5 by the Stockholm International Peace Research Institute (Sipri). “There has been a wave of consolidation in the Chinese arms industry since the mid-2010s,” said Xiao Liang, a researcher at Sipri. “In 2021, the Chinese company CSSC [China State Shipbuilding Corporation] became the largest military shipbuilder in the world after a merger between two existing companies and arms sales amounting to $11.1 billion,” he adds.

On April 23, 2021, China symbolically admitted to active service simultaneously three large warships, the helicopter carrier Hainanthe cr…

I subscribe

Exclusive offers: -50% the first year