Corruption slows China’s arms sales as U.S. producers face costly delays.
US‑based firms generated $334 billion in arms revenues in 2024, an increase of 3.8 percent from the previous year. By contrast, the top Chinese arms companies saw their combined revenues fall 10 percent, to $88.3 billion in 2024, according to a recen… [2927 chars]
Source: Newsweek | Published: 2025-12-02T12:12:46Z
Credit: Newsweek
