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China aims to become top defence-industrial power

Lankan Ranger

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China aims to become top defence-industrial power

China has set its sights on joining the ranks of the world's leading defence-industrial powers a top UK think tank said today.

"China possesses many of the vital ingredients for success as world's leading defence-industrial powers - ample funding, strong political support and selective access to foreign technologies," The International Institute for Strategic Studies (IISS) said in its Military Balance 2011.

Releasing the think tank's annual assessment of global military capabilities and defence economies, Dr John Chipman, Director-General and Chief Executive of IISS, said: "Ihe new-found dynamis in China's defence industry contrasts sharply with its struggle for survival only a decade ago.

China aims to become top defence-industrial power
 
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