Global Military Spending: China now second

China increased its arms spending by 10% to an estimated USD 83.9 billion last year as Beijing commenced building of new range of highly sophisticated nuclear submarines, stealth warships, new generation of fighter planes and weaponry to fight “Informationalized warfare”, according to Stockholm International Peace Research Institute (SIPRI).

Related: A String of Pearls, Times of India, April 28
Related: The Strength of the Chinese Navy, April 24

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