When the whole world is watching China’s so-called peaceful rise/ÂíåÂπ≥Â¥õ˵∑, China is also becoming the top Asian Arms Spender, more from AP:
The United States remained the world’s biggest military spender last year, devoting about $529 billion to arms, while China overtook Japan as Asia’s top arms spender, a Swedish research institute said Monday…
China’s growing military expenditures reached nearly $50 billion, making it the fourth biggest arms spender in the world, SIPRI said in its annual report. Japan was fifth with $43.7 billion.
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