With Abbas’ state visit to China this week, M.K. Bhadrakumar says Beijing’s mediation on the Saudi-Iranian rapprochement lends credibility to a Chinese initiative on the Palestine issue.
In SIPRI’s latest tracking, the U.S. remains dominant, China is in distant second, Russia has semiconductor and sanctions problems, Israeli sales are boosted by the Washington-mediated Abraham Accords and a Taiwanese company enters the top 100 for the first time.