China Exporting Military Drones Worth Millions Of Dollars

China exported military drones worth hundreds of millions of dollars to over 10 countries, state-run media said Thursday. The Asian powerhouse also plans to sell unmanned aircraft capable of launching laser-guided bombs. Chinese drones "have bigger payloads, which means they can carry more weapons" than their rivals, Shi Wen, chief drone designer at the China Academy of Aerospace Aerodynamics, told the China Daily newspaper. Shi did not name the countries that bought the drones, the numbers of drones sold or the exact deal value, but said that the academy's most valuable sale was worth "hundreds of millions of U.S. dollars." The report added that the drones are named Cai Hong, which means rainbow.