Xiao Liang Archives

Wars and Regional Tensions: World’s top arms producers see revenues rise

January 21, 2025

Revenues from sales of arms and military services by the 100 largest companies in the industry reached $632 billion in 2023, according to new data released by the Stockholm International Peace Research Institute (SIPRI). Evident […]

Global military spending surges amid war, rising tensions and insecurity

April 29, 2024

Global military expenditure has increased 6.8 percent in real terms from 2022, led by the United States, China and Russia. It’s the steepest year-on-year increase since 2009 according to new data by the Stockholm International […]

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