Monday, November 19, 2012

There Is Now An Arms Race In Asia


Arms Race Explodes As Neighbours Try To Counter China -- Sydney Morning Herald

PHNOM PENH: An arms-buying spree across south-east Asia will be the elephant in the room when almost 20 world leaders meet in the Cambodian capital, Phnom Penh, on Tuesday.

Defence spending across the region increased 13.5 per cent to $US25.4 billion ($24.5 billion) last year and was expected to rise to $US40 billion by 2016, the Stockholm International Peace Research Institute said.

Flush with economic success and wary of China's military expansion, countries are acquiring sophisticated sea- and air-based arsenals that include dozens of submarines that can operate in secret.

The institute said Indonesia, Vietnam, Thailand and Cambodia had increased defence budgets by 66 per cent to 82 per cent from 2002 to last year.

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My Comment: Everyone has been predicting for years that China's arms buildup will be soon matched by the other Asian countries. If recent developments are an indication, it appears that moment is now.

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