Friday, April 26, 2024
More
    HomeAmericasUnited StatesUpping the Ante: China Fears Drive Sharp Spike in Japan, India Military...

    Upping the Ante: China Fears Drive Sharp Spike in Japan, India Military Spending

    1063320016
    US

    A recent global arms spending report has revealed that India and have boosted military spending primarily due to tensions with China.

    According to report released Wednesday by the Stockholm International Peace Research Institute (SIPRI), India's defense spending increased by 5.5 percent to $63.9 billion in 2017, surpassing that of France, giving India one of the world's top five military budgets. Last year, the US, China, Saudi Arabia and Russia were the world's top four military spenders. 

    “The Indian government plans to expand, modernize and enhance the operational capability of its armed forces, motivated at least partially by tensions with China and ,” the report read.
    According to Siemon Wezeman, a senior researcher for SIPRI, “tensions between China and many of its neighbors continue to drive the growth in military spending in .”

    The world's top military spenders have been mostly consistent over recent years, with US and China at the top. Last year, the US spent $610 billion and China spent $228 billion, according to the SIPRI report. Beijing's military spending is 3.6 times that of India's.

    China has declared its intention to increase military spending 8.1 percent this year as it attempts to modernize its People's Liberation .

    Last year, China and India saw another military stand-off at the Doklam border in the Himalayan region. Tensions have decreased since Chinese…

    Continue Reading This Article At Sputnik News

    Stay Connected

    34,572FansLike
    4,123FollowersFollow
    1,739FollowersFollow

    Latest articles

    AlphaDog Hosting Ad

    Related articles