China’s military parade in the heart of Beijing allowed President Xi Jinping and the PLA to demonstrate the growing power of China’s defense industry. China sells billions of dollars worth of military equipment to more than 40 countries. But for Beijing, arms trade is not just a lucrative business.
WSJ examines how China’s move from one of the world’s biggest arms buyers into a weapons producer is strategic to gain influence and exercise global power.
Chapters:
0:00 China’s military parade
0:38 China’s arms modernization
1:38 Arms trade
3:55 Global influence
Credit to : The Wall Street Journal
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