China among top five arms exporters, India top buyer

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China among top five arms exporters, India top buyer - The Economic Times

BEIJING: China has become the world's fifth largest exporter of major conventional arms buoyed by Pakistan's growing import from its communist ally, even as India emerged as the leading buyer of weapons, a Swedish think tank said today.

China displaced UK to be in the top five arms exporters since the end of the Cold War, according to new data on international arms transfers published by the Stockholm International Peace Research Institute (SIPRI).

Overall, the volume of international transfers of major conventional weapons grew by 17 per cent between 2003-2007 and 2008-12.

The five largest suppliers of major conventional weapons during the five-year period 2008-12 were the US (30 per cent of global arms exports), Russia (26 per cent), Germany (7 per cent), France (6 per cent) and China (5 per cent).

This is the first time that the UK has not been in the top five since at least 1950, the earliest year covered by SIPRI data.

China's displacement of the UK is the first change in the composition of the top five exporters in 20 years.

The volume of Chinese exports of major conventional weapons rose by 162 per cent between 2003-2007 and 2008-2012, and its share of the volume of international arms exports increased from 2 to 5 per cent.

"China's rise has been driven primarily by large-scale arms acquisitions by Pakistan," said Dr Paul Holtom, Director of the SIPRI Arms Transfers Programme.

"However, a number of recent deals indicate that China is establishing itself as a significant arms supplier to a growing number of important recipient states," he said.

In the period 2008-12, Asia and Oceania accounted for almost half (47 per cent) of global imports of major conventional weapons.

The top five importers of major conventional weapons worldwide, India (12 per cent of global imports), China (6 per cent), Pakistan (5 per cent), South Korea (5 per cent), and Singapore (4 per cent), were all in Asia.

Several countries in Asia and Oceania have in recent years ordered or announced plans to acquire long-range strike and support systems that would make them capable of projecting power far beyond their national borders.

Last year notably saw the delivery of a nuclear-powered submarine from Russia to India and the commissioning of China's first aircraft carrier, Liaoning.

Other regional players are seeking to establish or strengthen submarine fleets, including several South East Asian countries and Australia, which is also acquiring large surface warships and combat aircraft.

These developments come at a time of heightening tensions over territorial disputes in the East and South China seas.

Deliveries to European countries fell by 20 per cent between 2003-2007 and 2008-12. European states seem eager to abandon or reduce a range of arms import plans.
 

amoy

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Here comes a rising Asian star - S.Korea

Global instability drives S Korean war industry
Geopolitical tensions have boosted orders for the country’s weap onry

© AFP
DECEMBER 4, 2016
by: Bryan Harris in Seoul

In South Korea, the business of war is booming.

Military exports have soared nearly 1,100 per cent since 2009 as the nation’s arms manufacturers thrive off growing global instability, competitive pricing and the re-emergence of demand for conventional weapons of warfare — the country’s speciality.

Now, analysts believe the country is on track to overtake China as the region’s leading arms exporter by the end of the decade.


“Globally, South Korea is in a good spot,” said Paul Choi, head of research at CLSA Securities Korea. “[Its] structural growth in defence equipment is already ahead of its own target. By 2020, it will pass China to become Asia’s arms powerhouse.”

The boom is being fuelled by rising geopolitical tensions in Asia and eastern Europe.

China’s increasing assertiveness in the South China Sea has prompted the region’s emerging markets, such as Indonesia and the Philippines, to devote more to defence, but with a keen eye on price.

Here, South Korea’s arms exporters, including Korea Aerospace Industries and Hanwha Techwin, have proven extremely competitive, often sweetening deals with the transfer of technology.

The nation also carries little geopolitical or historical baggage and can cater to the rising demand for weaponry in the Middle East, Indian subcontinent or Southeast Asia with less sensitivity than some of its nearest neighbours.

“Trucks and submarines to Indonesia, comms equipment to Iraq, ships to the UK . . . South Korea has a diverse industry and is selling to a wide range of users,” said Ben Moores, a senior defence analyst at IHS Markit. “China, meanwhile, is dependent on Pakistan and Sri Lanka.”

Last year, South Korea exported $871m of equipment — up from $73m in 2009. For 2016, Mr Moores expects the total to surpass $1.2bn.

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China’s arms exports, in comparison, declined from $1.9bn in 2013 to $1.6bn last year. IHS Markit predicts Beijing will drop out of the world’s top 10 ranking next year.

“South Korea has put its money in the right places and made investments in strategic weapons, not national vanities,” he said.

The country has booked orders worth more than $3bn in each of the last three years, promising flush income in the years to come, according to the official Defense Acquisition Program Administration.

Shifting attitudes back in favour of conventional armaments such as artillery — weapons that South Korea has been honing for decades in its stand-off with Pyongyang — have also played a role.

Russia’s invasion of the Crimea sparked a surge in demand, with eastern European and Scandinavian nations now lining up to negotiate with Hanwha Techwin for its self-propelled artillery, said Mr Choi, author of a recent report on Korean defence.

“The company is very competitive [on price],” he said. “Historically, the Korean government accounted for about a quarter of artillery demand, so it has big economies of scale. The prices of its German competitors are about twice as high.”

However, for Seoul, much rests on Korea Aerospace securing an upcoming deal to provide 500 trainer jets to the US Air Force.

The company’s T-50 jet was developed with the help of US group Lockheed Martin, strengthening its chances of winning, said Mr Choi. And if it does, US allies will likely follow suit with orders.

But there are clouds on the horizon. Shares in Hanwha Techwin, Korea Aerospace and Lig Nex1, a manufacturer of anti-missile radar equipment, all plunged in late October when a political scandal engulfed the country’s conservative president, Park Geun-hye.

Investors fretted she might be replaced with a liberal leader, who would be less inclined to devote funds to the world’s 10th largest military budget.

The gloom was shortlived. The election in the US of Donald Trump, who said he could withdraw the 30,000 or so US troops in South Korea, sent shares soaring about 10 per cent.


 
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amoy

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India22

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If we look at China's military equipment

Type 59 tank copied from T 54 tank, Type 56 Rifle from Ak 47, Type 56 Carbine from SKS, J 5 from MiG 17, J 6 from MiG 19, J 7 from MiG 21, J 10 from IAI Lavi, J 11 from Su 27, Z 11 from Eurocopter AS350, Z 9 from Eurocopter Dauphin.

I am not surprised. Chin Pakistanki tarah hai. Copy paste kornewalo.
 

Razor

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A lot of stuff made in china is not good Quality but they do other stuff that are good quality and they have made progress by hook or crook.

That is what happens when you copy everything.

OT but that looks like photoshop work and in anycase that is Japanese writing.
 

Bornubus

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Its about the quality of defense export and also the customers.


Majority of their export (75%) are going to failed states like Pakis (45% alone), Nigeria, Myanmar and Bangladesh which could only afford cheap inferior Chinese weapons.
 

cw2005

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Its about the quality of defense export and also the customers.


Majority of their export (75%) are going to failed states like Pakis (45% alone), Nigeria, Myanmar and Bangladesh which could only afford cheap inferior Chinese weapons.
In IMF Nominal GDP/Capita 2016 list, Nigeria's U$2,760 is 70% more than India's U$1,604. Nigeria is not a failed state.
 

Indx TechStyle

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In IMF Nominal GDP/Capita 2016 list, Nigeria's U$2,760 is 70% more than India's U$1,604. Nigeria is not a failed state.
There is a very good reason that Nigerian immigrants and students come in India and not vice versa.
FYI, GDP per capita is always measured in PPP and India is ahead of Nigeria ($6559 vs $6200). Without oil, Nigerian economy is rubbish.
But India's Nominal GDP per capita growth is triple of Nigeria so will overtake it in next 10 years.

India's poverty ratio (even nominal) is half of Nigeria.
You can further compare Human Development Index, Life Expectancy, Education Index, Internet Penetration, Quality of Life Index, Fragile State Index, Where to be born, Inequality adjusted HD Index,
Ting to tong and Ding to dong, India is well ahead of Nigeria in all aspects when it comes to social progress and human welfare and still enlarging the gap. India has not only higher GDP growth than China but it's also more successful in translating growth into well being of citizens (India's 0.86 vs China's 0.75).
Mark my words, we'll overtake you in nominal GDP per capita in less than a decade.
 
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indiazain

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Who buys Chinese weapons ,Pakis,Bangladesh ,Myanmar and a few African countries.
Pakis have no money and go with a begging bowl whenever they want weapons to countries such a US and Russia both of which declined to sell them offensive weapons due to India (Su35 and f16).Now they found the Chinese who are desperately trying to increase their weapons sales.
JF 17 is a 3rd generation junk that the Chinese dump on Pakistan .

Most of the other countries have sold themselves to China like Sri Lanka and Bangladesh and depend on the Chinese for their economic stability.http://www.scmp.com/sites/default/f...4-9b28-11e6-9654-6e2b0a6d20cd_image_hires.jpg
 

indiazain

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In IMF Nominal GDP/Capita 2016 list, Nigeria's U$2,760 is 70% more than India's U$1,604. Nigeria is not a failed state.
Whether Nigeria is a failed state or no is debatable.
http://news.bbc.co.uk/2/hi/africa/8112800.stm

However you cannot compare India to Nigeria .Nigeria has a lot of religious and ethnic conflicts , poor governance, political instability, unemployment, and diseases.--most of these are in spite of having an abundance of oil.

Imagine what will happen when you have no oil???
Sure Most of these problems exist in India also but not of the magnitude that exists Nigeria
 

Indx TechStyle

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In IMF Nominal GDP/Capita 2016 list, Nigeria's U$2,760 is 70% more than India's U$1,604. Nigeria is not a failed state.
There is a very good reason that Nigerian immigrants and students come in India and not vice versa.
FYI, GDP per capita is always measured in PPP and India is ahead of Nigeria ($6559 vs $6200). Without oil, Nigerian economy is rubbish.
But India's Nominal GDP per capita growth is triple of Nigeria so will overtake it in next 10 years.

India's poverty ratio (even nominal) is half of Nigeria.
You can further compare Human Development Index, Life Expectancy, Education Index, Internet Penetration, Quality of Life Index, Fragile State Index, Where to be born, Inequality adjusted HD Index,
Ting to tong and Ding to dong, India is well ahead of Nigeria in all aspects when it comes to social progress and human welfare and still enlarging the gap. India has not only higher GDP growth than China but it's also more successful in translating growth into well being of citizens (India's 0.86 vs China's 0.75).
Mark my words, we'll overtake you in nominal GDP per capita in less than a decade.
More to add, India's GDP per capita was $1820, not $1604 for 2016.
 

Bornubus

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In IMF Nominal GDP/Capita 2016 list, Nigeria's U$2,760 is 70% more than India's U$1,604. Nigeria is not a failed state.
Actually Nigeria's position is worse than Pak in Fragile State index 2016


Somalaia 1

Nigeria 13

Pak 14


Secondly economy or per capita is not an only indicator to measure it. Several states which disintegrated or on the verge of disintegration and facing bloody civil war have more per capita than India.


India fragile index - 70
 

no smoking

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There is a very good reason that Nigerian immigrants and students come in India and not vice versa.
FYI, GDP per capita is always measured in PPP and India is ahead of Nigeria ($6559 vs $6200). Without oil, Nigerian economy is rubbish.

But India's Nominal GDP per capita growth is triple of Nigeria so will overtake it in next 10 years.

India's poverty ratio (even nominal) is half of Nigeria.
You can further compare Human Development Index, Life Expectancy, Education Index, Internet Penetration, Quality of Life Index, Fragile State Index, Where to be born, Inequality adjusted HD Index,
Yes, the world largest democracy win over a country suffering from civil war and tribe, religious conflicts. What an achievement!

India has not only higher GDP growth than China but it's also more successful in translating growth into well being of citizens (India's 0.86 vs China's 0.75).


In latest HDI ranking 2015, India's 0.609 vs China's 0.727, are you sure your number is right?
http://currentaffairs.gktoday.in/in...human-development-index-undp-12201528950.html

Mark my words, we'll overtake you in nominal GDP per capita in less than a decade.
Don't be so sure.
In 2015, India's GDP per capita was 1581.6 while China's was 7924.7 according to world bank.
http://data.worldbank.org/indicator/NY.GDP.PCAP.CD

Based on these figure, the only way your dream can come true is: India grows more than 18% averagely while China's average rate is under 3% in next 10 years. Do you still want to mark your word?
 

Indx TechStyle

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Yes, the world largest democracy win over a country suffering from civil war and tribe, religious conflicts. What an achievement!
Are you mad? :crazy:
I was replying to the Nigerian Guy who was comparing with India.

In latest HDI ranking 2015, India's 0.609 vs China's 0.727, are you sure your number is right?
http://currentaffairs.gktoday.in/in...human-development-index-undp-12201528950.html
From last year, China 0.719, India: 0.586

India has actually gone up fast even from 2014 (0.554).
Don't be so sure.
In 2015, India's GDP per capita was 1581.6 while China's was 7924.7 according to world bank.
http://data.worldbank.org/indicator/NY.GDP.PCAP.CD

Based on these figure, the only way your dream can come true is: India grows more than 18% averagely while China's average rate is under 3% in next 10 years. Do you still want to mark your word?
From IMF, WB, PwD, there have been varying projections. Now, here's factor of currency deappreciation as well. Will go further improved alongwith depleting deficit (within 9 years).
Till, I still mark my words in PPP. China's Gini Index is already damn high and translation of growth into well over that. I can further show you gaps between Human Development and per capita scores.
 

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