US still dominating the global arms exports, while China has replaced Russia to emerge as the world’s second-largest arms producer, as per a report by SIPRI

New data from SIPRI’s Arms Industry Database shows that arms sales by the world’s 25 largest arms-producing and military services companies (arms companies) totalled US$361 billion in 2019. This represents an 8.5 per cent increase in real terms over the arms sales of the top 25 arms companies in 2018. Among those companies, four are Chinese…