南韓

Global instability drives S Korean war industry

In South Korea, the business of war is booming.

Military exports have soared nearly 1,100 per cent since 2009 as the nation’s arms manufacturers thrive off growing global instability, competitive pricing and the re-emergence of demand for conventional weapons of warfare — the country’s speciality.

Now, analysts believe the country is on track to overtake China as the region’s leading arms exporter by the end of the decade. 

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