Institute: China now world’s third-biggest arms exporter

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FILE - In this Nov. 21, 2010, file photo, Pakistan Air Force personnel sit in front of their JF-17 jet fighter at the 8th China International Aviation and Aerospace Exhibition (Zhuhai Airshow) in Zhuhai, southern coast of Guangdong province, China. China has overtaken Germany to become the world’s third-biggest arms exporter, although its 5 percent of the market remains small compared to the combined 58 percent of exports from the U.S. and Russia, a new study says. (AP Photo/Kin Cheung, File)BEIJING (AP) — China has overtaken Germany to become the world’s third-biggest arms exporter, although its 5 percent of the market remains small compared to the combined 58 percent of exports from the U.S. and Russia, a new study says.