Russia's War in Ukraine Could Reshape the Global Arms Market in Favor of China
The war in Ukraine is straining Russia's defense production, which is having downstream effects on Moscow's ability to export arms. China has the opportunity, the incentive, and the capacity to gain from Russia's losses. As Russia relinquishes more of its share of the global arms market, there is not much standing in the way of China's success.
Jul 10, 2023