Close X
Thursday, November 28, 2024
ADVT 
International

China Spends More On Defence Than India, Japan, Korea, Australia Put Together

Darpan News Desk IANS, 29 Apr, 2019 08:17 PM

    In what outlines a growing militarisation in Asia and also China’s rapidly expanding prowess, Beijing is spending more dollars on defence than what India, Japan, Australia and South Korea do collectively.

     

    The expenditure on defence means the annual outlay on modernsation, new equipment, warships, planes and missiles besides running expenses like fuel, repairs and salaries.


    Data released on Monday by Swedish think-tank Stockholm International Peace Research Institute (SIPRI), titled ‘Trends in World Military Expenditure, 2018’ says, “China, the world’s second-largest (behind the US) military spender, allocated US $ 250 billion to the military in 2018, which accounted for 14 per cent of all global spending.”


    China’s expenditure is much greater than the collective expenditure, $ 182.9 billion, of India ($ 66.5 billion), Japan ($46.6 billion), South Korea ($ 43.1 billion) and Australia ($ 26.7 billion).


    India, Japan, Korea and Australia, respectively, are the fourth, ninth, tenth and thirteenth largest spenders on defence in the world.


    China’s expansion

    The report said, “In 2018, its (China’s) military expenditure rose for the 24th consecutive year, and its spending in 2018 was almost 10 times higher than that in 1994.”


    Though the annual rate of growth of China’s military spending has slowed steadily since it reached a post-2009 high of 9.3 per cent in 2013, it has a growth of 5 per cent in 2018, which was the lowest annual increase since 1995.


    China had followed a policy of link­ing growth in military spending with economic growth, said the SIPRI report. “With its (China’s) economic growth slowing in 2018 to the lowest level in 28 years, slower rates of growth in the coming years can be expected if China continues to follow this policy,” the report summarised.

     

    Growing militarisation

    SIPRI data says military spending in Asia and Oceania was US $ 507 billion in 2018 and it accounted for 28 per cent of global military spending. “Five of the top 15 global spend­ers in 2018 are in this region: China (rank 2), India (rank 4), Japan (rank 9), South Korea (rank 10) and Australia (rank 13).”


    It is the only region in which the annual growth has been continuous since 1988, and the 46 per cent increase between 2009 and 2018 was by far the largest in any region. “The increase was due primarily to the rise in Chinese spending, which in 2018 accounted for 49 per cent of total spending in the region, compared with 31 per cent in 2009,” the report said.

     

    Existing tensions in Asia

    The People’s Liberation Army is 2.3-million strong and Beijing has separate ongoing boundary disputes with Japan and India besides overlapping territorial claims with six other countries in the hydrocarbon-rich South China Sea (SCS). Beijing claims 90 per cent of the 3.5 million sq km of this sea while the Philippines, Indonesia, Vietnam, Malaysia, Brunei and Taiwan claim parts of those waters. The US is keen to have code of conduct in the SCS.


    China already has 11,000-km range Inter Continental Ballistic Missiles (ICBMs), the Dongfeng 31, and has tested the submarine-launched ICMB version named Julang 2. It has tested on-deck landing of fighter aircraft on the 65,000-tonne aircraft carrier, the Liaoning, and has a stated goal of building US-style nuclear-powered super carriers of 1 lakh tonne.

    MORE International ARTICLES

    Pakistan's Islamabad High Court To Probe Hindu Girls 'Forced' Conversion

    A bench headed by Justice Athar Minallah heard the petition filed by the girls -- Reena, Raveena and their husbands Safdar Ali and Barkat Ali -- seeking protection, Geo News reported.    

    Pakistan's Islamabad High Court To Probe Hindu Girls 'Forced' Conversion

    3 Indian Citizens Apprehended In US For Being Involved In Smuggling Attempt

    3 Indian Citizens Apprehended In US For Being Involved In Smuggling Attempt
    Three Indian citizens have been apprehended by US Border Patrol officials for being involved in a smuggling attempt near Hogansburg in upstate New York.

    3 Indian Citizens Apprehended In US For Being Involved In Smuggling Attempt

    Kamala Harris' Campaign Raises $12M For 2020 Bid

    US Democratic presidential candidate Senator Kamala Harris, who is of Indian and Jamaican descent, has announced that her campaign raised $12 million 

    Kamala Harris' Campaign Raises $12M For 2020 Bid

    Indian Sentenced To 8 Years For Call Centre Fraud In US

    Indian Sentenced To 8 Years For Call Centre Fraud In US
    Federal Judge Virginia Hernandez Covington, who sentenced Nishitkumar Patel on Monday in Tampa, Florida, also fined him $200,000 and ordered the forfeiture of cash and his Land Rover.    

    Indian Sentenced To 8 Years For Call Centre Fraud In US

    Indian-Origin Consultants Charged In US Visa Fraud

    Indian-Origin Consultants Charged In US Visa Fraud
    Three Indian-origin high-tech consultants have been arrested and charged with H1-B visa fraud in a California federal court, according to US officials.    

    Indian-Origin Consultants Charged In US Visa Fraud

    Mexican Rocker Botellita De Jerez Commits Suicide After Me Too Claims

    Armando Vega Gil, bass player and co-founder of the Mexican rock band Botellita de Jerez, killed himself on Monday, after being accused of sexually abusing a minor. He was 64.

    Mexican Rocker Botellita De Jerez Commits Suicide After Me Too Claims