China’s scandal-hit weapons firms drag down regional sales in record-breaking year

SIPRI Top 100 reveals stark divide in performance for the only region to record a drop in the midst of rising revenues globally Reading Time:3 minutes Why you can trust SCMP Published: 7:01am, 1 Dec 2025 Despite a sharp and record-breaking rise in overall global arms sales last year, the combined revenue of the eight Chinese firms listed in the weapons industry’s Top 100 fell drastically, a Swedish think tank has found. The 10 per cent fall to US$88.3 billion was also the biggest aggregated percentage drop among the countries with companies in the list, released on Monday by the…