Revenues at China’s giant military firms fell last year as corruption purges slowed arms contracts and procurement, according to a study released on Monday by a leading conflict think tank.
HONG KONG, Dec 1 (Reuters) – Revenues at China’s giant military firms fell last year as corruption purges slowed arms contracts and procurement, according to a study released on Monday by a leading conflict think tank.
The Chinese declines contrast w… [3564 chars]
Source: Reuters | Published: 2025-11-30T23:04:53Z
Credit: Reuters
