Friday, August 24, 2012

China buys Russian military helicopters for $1.3bln

Russian Mi-171E helicopter / Image from wikimedia.org
Russian Mi-171E helicopter / Image from wikimedia.org
TAGS: Russia, India, China, USA, Trade

China has bought Russian Mi-171E helicopters and other military equipment worth $1.3 billion over the last six months, with more purchases to follow.
­The equipment was sold by Rosoboronexport, Russia’s state arms exporter. In the coming years the Chinese army plans to buy more Mi-171E helicopters and engines for SU-27/30 fighter planes from Russia, writes Vedomosti Newspaper.
In July China and Russia signed a $600mln deal for 55 Mi-171 helicopters to be delivered by 2014, according to Vyacheslav Dzirkalen, head of Russia’s Federal service for military and technical cooperation
In February China bought 140 AL-31 engines for the SU 27/30 fighter jets, and for its domestically designed fighter planes, worth $700 million.
Russian military exports in 2013 amounted to $13 billion, with 15 percent being exports to China.


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