China’s Military-Industrial Complex: The Next in Race to the US?

Abstract

Of the 20 largest companies in the SIPRI Top 100 that accounted for US$ 284.1 billion of total arms sales—11 were based in the USA, six in Western Europe, three in Russia and the four Chinese arms companies as noted had a combined estimated arms sales of US$ 54.1 billion —wherein, three can be ranked in the top 10.2 This is a landmark change and indeed a significant development to be watched. This dynamic in China’s status calls for the need to explore two key queries: What defines China’s MIC? and, How effective is China’s MIC?

Keywords: China, Defence Industry, Military-Industrial Complex, China-US