
China Boosts Military Spending With Eye On US And Taiwan
Is Asia entering a new era of military competition? That question is back in focus after China unveiled a fresh boost to its defence spending.

Is Asia entering a new era of military competition? That question is back in focus after China unveiled a fresh boost to its defence spending.

World’s military spending has reached an all-time high figure of $2.24 trillion in 2022. According to a leading military think tank, Russia’s invasion of Ukraine has increased fears of escalation and most European countries have increased its defense budgets to unprecedent levels.