Report: Asian Powers Beef Up Military Spending -- Voice of America
Security analysts say a new study on regional military spending indicates Asia's major powers, led by China, are getting serious about defense matters.
The Washington-based Center for Strategic and International Studies says defense spending in China, Japan, India, South Korea, and Taiwan has doubled in the past decade, reaching $224 billion last year.
The trend contrasts with that of many Western countries, whose defense budgets have declined in recent years. The CSIS study says Asia defense spending is projected to surpass Europe's military expenditures by the end of 2012.
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More News On Asia's Increasing Military Spending
Asian Powers Increase Military Spending -- Voice of America
Asian powers double defense spending in a decade -- New York Daily News/AP
Defense Spending in Asia Doubles in a Decade -- Arirang
China leads rise in Asia military spending -- South China Post/AFP
Study: China leads rise in Asia military spending -- Radio Australia
China overtakes Japan in Asian military spending -- Japan Daily Press
China tops Japan in Asia military spending -- Japan Today
S. Korea spurs regional arms race headed by China: CSIS -- Korea Times
Report: People, Maintenance Drive Asia Defense Spending Boom -- Defense News
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