07 February 2014

Editorial: China’s Military Spending VS Asia’s Military Spending


By Zachary Keck

In 2013 China continued to widen the gap between its military spending and that of its neighbors.

China continues to widen the gap between its military spending on the one hand, and that of its neighbors throughout Asia on the other, according to a new report by a prominent English think tank.
On Wednesday the London-based International Institute for Strategic Studies (IISS) released its annual Military Balance report, considered by many to be among the most authoritative unclassified estimates of global defense spending.
In line with past years, IISS concluded that the gap between Asian and Western military spending continued to narrow as Asia’s defense spending rose while most of the Western countries cut defense spending. “In Asia, the growth of defense budgets is accelerating and military procurements are rising,” IISS said in a press release. “The shift in the global distribution of military power towards Asia, highlighted by the IISS in recent years, has continued.” 

Read the full story at The Diplomat