Type 99, a 3rd generation main battle tank operated by the Peoples Liberation Army of China, is the fastest tank in the world.
It is also known as ZTZ-99 and WZ-123. The newest and much improve variant is the Type 99KM.
Like the Russian tanks the Type 99 also lacks accuracy against long-range targets, however it is also capable to launch anti-tank guided missiles in the same manner as ordinary munitions.
It is currently the most advanced MBT in the People's Liberation Army. It entered the PLA service in 2001.