China in Aerospace and Defense - Thematic Research

China in Aerospace and Defense - Thematic Research

  • September 2020 •
  • 28 pages •
  • Report ID: 5972468 •
  • Format: PDF
China in Aerospace and Defense - Thematic Research

Summary
The rise of China and the modernization of the PLA requires the entire spectrum of military products across every domain within the defense realm.The rise of China is particularly characterized by the fact that the majority of these products are Chinese in origin.

The PLA aims to reduce its defense imports, thereby increasing its indigenously built military equipment.
This report looks at key products involved in the rise of China.Below, we list the market leaders in each segment of the key products involved in the rise of China

The rise of China refers to the evolution of China from a secondary actor of on the world stage to a challenger to US hegemony.

This includes the development of a range of soft and hard power capabilities.

Since the end of World War II, and the conclusion of the Chinese Civil War, the People’s Republic of China (PRC) has undergone rapid, radical change both socially and economically.In a short half-century, the PRC has developed from a largely agrarian society to an industrialized nation with the second largest (soon to be the largest) economy in the world.

Accompanied and driven by this rapid development, the People’s Liberation Army (PLA) has also rapidly developed, and is currently undergoing modernization.

The PRC is developing the means to assert itself on the world stage, capable and willing of enacting President Xi Jinping’s ‘Chinese Dream’, a vision of a rejuvenated Chinese nation with international influence to challenge that of the United States (US). This ‘Chinese Dream’ refers to both economic development and territorial unification under the Chinese Communist Party (CCP), and necessitates the modernization and professionalization of the military forces and personnel.

Chinese demand for aerospace and defense products will be driven by, and itself drive, shifting geopolitical realities in the Pacific and globally.

There will be a significant spending push to develop and modernise the PLA, rendering it an entitiy capable of challenging US hegemony.

Scope
- This report looks at key products involved in the rise of China.
- This report is part of our ecosystem of thematic investment research reports, supported by our “thematic engine”.

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