China Defense Budget

China's defense budget has grown 850 per cent in the last 20 years from $20 billion to $170 billion in 2018, a top Pentagon official told lawmakers on Thursday.

India has millions of military personnel, billions of dollars in arms spending and grave threats on its borders, yet the nation doesn't make its own fighter jets and anti-tank missiles. Is that a massive opportunity for investors? Not so fast.

China announced on Monday an 8.1 percent defence budget increase for 2018, giving the world's largest armed forces a boost after spending slowed in the previous two years.

It's not just President-elect Donald Trump who's bent on military build-up. From Europe all the way to China, the next decade will be marked by an increase in global defense spending amid rising feuds and pockets of instability, according to IHS Jane's latest annual Defense Budgets report.

Japan's Defense Ministry on Friday requested money for F-35 stealth fighter jets as part of its biggest-ever budget to bolster its ability to defend remote southern islands, including ones also claimed by an increasingly assertive China.

China underestimated its growing defense budget by nearly 20 percent with its spending likely nearing $145 billion last year, the Pentagon said Thursday.

In these days of shrinking U.S. defense budgets, the Obama administration is looking to South America to help monitor and protect the Asia-Pacific region in the years ahead.

China's defense budget has grown 850 per cent in the last 20 years from $20 billion to $170 billion in 2018, a top Pentagon official told lawmakers on Thursday.

India has millions of military personnel, billions of dollars in arms spending and grave threats on its borders, yet the nation doesn't make its own fighter jets and anti-tank missiles. Is that a massive opportunity for investors? Not so fast.

China announced on Monday an 8.1 percent defence budget increase for 2018, giving the world's largest armed forces a boost after spending slowed in the previous two years.

It's not just President-elect Donald Trump who's bent on military build-up. From Europe all the way to China, the next decade will be marked by an increase in global defense spending amid rising feuds and pockets of instability, according to IHS Jane's latest annual Defense Budgets report.

Japan's Defense Ministry on Friday requested money for F-35 stealth fighter jets as part of its biggest-ever budget to bolster its ability to defend remote southern islands, including ones also claimed by an increasingly assertive China.

China underestimated its growing defense budget by nearly 20 percent with its spending likely nearing $145 billion last year, the Pentagon said Thursday.

In these days of shrinking U.S. defense budgets, the Obama administration is looking to South America to help monitor and protect the Asia-Pacific region in the years ahead.