China and other Asian nations with substantial militaries have double their defense spending over the past decade, though future growth is contingent upon their economies, a new report says. China, India, Japan, South Korea, and Taiwan spent $224 billion combined on defense in 2011, or nearly twice the amount in 2000 when comparing with constant U.S. dollars, according to a new report from the Center for Strategic and International Studies (CSIS), a non-partisan think-tank in Washington. The increases in the…
Report: Asian Military Spending Growing, For Now
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