Xi decade reshapes China’s military, and the region
SinoDaily.com reports: “During Xi Jinping’s decade-long rule, China has built the world’s largest navy, revamped the globe’s biggest standing army, and amassed a nuclear and ballistic arsenal to trouble any foe.
With China’s neighbours now rushing to keep pace, Xi’s next five-year term is likely to see a quickening Asia-Pacific arms race.
From South Korea developing a blue-water navy to Australia buying nuclear-powered submarines, weapons shopping has surged across the region.
According to figures from the London-based International Institute for Strategic Studies, Asia-Pacific defence spending passed $1 trillion last year alone.
China, the Philippines and Vietnam have roughly doubled spending in the last decade. South Korea, India and Pakistan are not far behind.
Even Japan is proposing record defence budgets and inching towards ending its long-standing ‘no first strike’ policy, citing an ‘increasingly severe’ security environment…”View Original Article