Latest news with #military-industrial
Bloomberg
7 days ago
- Business
- Bloomberg
Putin's War Economy Roars Ahead and the Rest of Russia Struggles
The rift in Russia's two-track economy is becoming wider as businesses tied to President Vladimir Putin's invasion of Ukraine thrive and the rest are struggling for resources. Massive spending on the war has left growth increasingly confined to the military-industrial complex, with the imbalance in the economy underscoring how the Kremlin is ready to continue the war, but will potentially need years to return to normalcy even if the fighting stops.
South China Morning Post
27-05-2025
- General
- South China Morning Post
China introduces rules to protect military-industrial assets from spies and sabotage
China has stepped up the protection of its military-industrial facilities from espionage and sabotage with new rules issued on Monday. The Regulation on the Protection of Important Military Industrial Facilities highlights the importance Beijing attaches to its defence industrial bases amid increased global and regional tension. Facilities engaged in the research, production, testing and storage of important weapons and equipment for national defence research, and production enterprises and institutions will be deemed 'protected areas'. The designation is intended to guarantee their safety, secrecy and functioning, according to the regulation, which takes effect from September 15. 03:25 New CIA videos seek to lure Chinese officials to leak secrets to US New CIA videos seek to lure Chinese officials to leak secrets to US It says any act of disrupting, jeopardising or endangering important military industrial facilities, or spying on them, will be punishable by law.
