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China Becomes World's Fifth Largest Arms Exporter

by KREX News Room
by Jacklyn Thrapp

Story Created: Mar 18, 2013 at 7:18 AM MDT

Story Updated: Mar 18, 2013 at 7:18 AM MDT

STOCKHOLM (AP) - China has bypassed Britain as the world's fifth largest arms exporter.

A Swedish think tank says the volume of Chinese weapons exports rose by 162 percent from 2008-2012, compared to the previous five-year period.

The Stockholm International Peace Research Institute says the largest buyer of Chinese weapons has been Pakistan, which accounts for 55 percent of the country's exports, followed by Myanmar and Bangladesh.

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