[Graphic News] US, China dominated arms market in 2019: report
WorldDec 16, 2020
US and Chinese companies dominated the global arms market in 2019, while the Middle East made its first appearance among the 25 biggest weapons manufacturers, a report from the SIPRI research institute said. The US arms industry accounted for 61 percent of sales by the world‘s top 25 manufacturers last year, ahead of China’s 15.7 percent, according to the Stockholm International Peace Research Institute. Total sales among the top 25 rose by 8.5 percent to $361 billion - 50 t