(NSI News Source Info) ZHUHAI, China - November 20, 2010: China is emerging as a competitor in the international arms market, offering increasingly sophisticated fighter jets, missiles and equipment that are beginning to rival Russia and other longtime exporters.With the same low-cost strategy that worked for toys and electronics, Chinese firms are targeting cost-conscious customers, albeit in an industry still dominated by the United States, Russia, France and Britain.
"China's share of the global market may never be that big, but it will have a growing niche with poorer countries such as African states," said Richard Bitzinger, a senior fellow at Singapore'sRajaratnam School of International Studies.
The Chinese challenge has been on display at this week's Zhuhai air show, a biannual aviation industry event that wraps up Sunday.
Pilots have given aerial displays of China's latest-generation J-10 fighter, and exhibition halls are stocked with models and mock-ups from military aircraft maker Aviation Industry Corp. of China.
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