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Pakistan Biggest Chinese Arms Buyer

A new report says China has passed Britain to become the world’s fifth-largest arms exporter.

The report from the Stockholm International Peace Research Institute says Pakistan is the biggest buyer of Chinese arms, accounting for 55 percent of China’s exports.

The report says Chinese weapon exports between 2008 and 2012 rose 162 percent over the previous five-year period.

It said the United States remains the world's top arms exporter, accounting for 30 percent of the market, followed by Russia at 26 percent, Germany at seven percent, France at six percent, and China at five percent.

The world’s top five arms importers were all in Asia. The report said India was the biggest buyer, followed by China, Pakistan, South Korea and Singapore.

Based on reports from Reuters and AP