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Keyword: chinesearmsbuildup

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  • China arms embargo not what it seems

    02/24/2005 3:04:18 PM PST · by Bald Eagle777 · 5 replies · 295+ views
    The Mercury News ^ | Thursday, February 24, 2005 | JOHN LEICESTER
    PARIS - Europe has angered the United States with talk of canceling its arms embargo against China - but governments and companies on the continent have for years delivered weapons and other equipment to Beijing and its rapidly modernizing People's Liberation Army. In Germany, a subsidiary of DaimlerChrysler AG says it is supplying diesel engines for Chinese submarines. And there's been a surge in European export licenses to China for goods - about $550 million in 2003 alone - that are designed for war or could have military and civilian applications, a gauge of Europe's growing willingness to profit from...