06/28/2013
LONDON – Defense budgets in the Asia-Pacific region will overtake the U.S. and Canada combined by 2021, according to a study by respected analysts published by IHS Jane’s.
Weapons spending in China and regional neighbors is expected to rise 35 percent above its 2013 level to $501 billion by 2021, outstripping North America, the Balance of Trade study concluded.
READ MORE
LONDON – Defense budgets in the Asia-Pacific region will overtake the U.S. and Canada combined by 2021, according to a study by respected analysts published by IHS Jane’s.
Weapons spending in China and regional neighbors is expected to rise 35 percent above its 2013 level to $501 billion by 2021, outstripping North America, the Balance of Trade study concluded.
READ MORE
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