Despite globalization, defense industry posts wide 2004 trade surplus

Article Abstract:

The U.S.-based aerospace defense industry exported 41 percent more goods than it imported in 2004, despite increasing globalization of the military-industrial sector. Aerospace Industries Association (AIA)'s report states that aerospace military exports from the United States totaled $9.49 billion in 2004, while imports totaled $5.57 billion.

Guided Missiles, Space Vehicles, Parts, Aerospace industry, Defense industry, Defence industry

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China uses American money to fund massive weapons programs

Article Abstract:

China is financing an enormous weapons possessions program that threatens Tiwan by the use of a huge amount of money obtained from American corporations and consumers. It is reported that US companies and consumers buy $120 billion more in goods and services from China than China buys from the United States.

China, Government expenditures, Administration of General Economic Programs, International politics, All Other Fabricated Metal Product Manufacturing, Foreign Economic & Financial Assistance, Ordnance & Accessories, Defense industries, Economic assistance, Foreign economic assistance, Military policy, Armaments, Military weapons, Government finance

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