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China’s military firms struggle as corruption purge bites, report says

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.

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 with strong revenue growth glo… [3364 chars]

Source: Cable News Network | Published: 2025-12-01T02:44:44Z

Credit: Cable News Network

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