Xi's anti-corruption run weakens the defence sector

defence24.pl 5 months ago
[As reported by Reuters](https://www.reuters.com/business/aerospace-defense/chinas-military-firms-struggle-corruption-purge-bits-report-says-2025-11-30/), in contrast to the global trend where revenues of the 100 largest arms companies increased by 5.9 percent, the Chinese sector faces delays in transportation and uncertainty as to the pace of modernisation of the People's Liberation Army. According to authoritative data, the gross of the largest Chinese military companies fell by 10% last year. The anti-corruption campaign, initiated by president Xi Jinping in 2012, has late begun to expand.
Read Entire Article