German companies profiting from rising tensions in the South China Sea:

According to the German Handelsblatt, German companies along with French and British arms exporters are providing engines and other defence equipment to both sides of the conflict in the South China Sea, including China, Singapore and Malaysia.

While arms sales to China are prohibited due to embargoes by both the EU and the US, the EU embargo does not cover ‘components’ and ‘dual use’ equipment.   ... →