Gravitas: China's Defence Titans See Unprecedented Revenue Surge | Challenge to America?
Edited By WION Video Desk
Published: Dec 04, 2023, 06:05 IST | Updated: Dec 04, 2023, 06:05 IST
Are U.S. defence manufacturers losing out to Chinese companies? According to data released by SIPRI, or the Stockholm International Peace Research Institute, China's top defence contractors have recorded a growth in revenue for the fourth straight year in 2022. The revenue of America's top defence companies, in contrast, has fallen.
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