Five Chinese companies accounted for roughly 13 percent of all arms sales made by the world’s 100 largest arms producers in 2020, according to a new report by the Stockholm International Peace Research Institute (SIPRI). The five companies, NORINCO, AVIC, CETC, CASIC, and CSGC, accounted for roughly $66.8 billion last year, a 1.5 percent increase over 2019. All five of the companies are state-owned, and conduct their business on behalf of the Chinese Communist Party (CCP). Each also made it into the top 20 of the list, with three making it to the top 10. The report noted that the five companies listed may not account for all the Chinese entities that ought to be listed in the top 100, as CCP regulations often limit what information is made public regarding such things. “Other Chinese companies may have arms sales high enough to rank among the Top 100,” according to …