US report finds big weaknesses in China’s defence industry base

Feb 19, 2022 | INVESTING

China’s reliance on hi-tech imports and potential workforce shortages in the next decade are two big looming vulnerabilities for its defence industry, according to a new report by a US think tank.In the report released last week, researchers at the Rand Corporation said other weaknesses included a lack of transparency in the massive state-owned conglomerates and – despite some advantages – single-party control over the enterprises.The report – “Assessing Systemic Strengths and Vulnerabilities…

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