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

    WATCH: Foundation Stone Laid For 1st Hindu Temple In Abu Dhabi

    The historic foundation stone-laying ceremony of the first traditional Hindu temple in Abu Dhabi was performed on Saturday in the presence of officials from India and the United Arab Emirates as well as thousands of members of the community.

    WATCH: Foundation Stone Laid For 1st Hindu Temple In Abu Dhabi

    Indian-Origin Neurologist Anil Prasad Charged With Healthcare Fraud In US

    Indian-Origin Neurologist Anil Prasad Charged With Healthcare Fraud In US
    An Indian-origin physician in the US has been charged with conspiracy to unlawfully dispense controlled substances and commit healthcare fraud.

    Indian-Origin Neurologist Anil Prasad Charged With Healthcare Fraud In US

    Filipino President Rodrigo Duterte Gives Canada One Week To Take Trash Back

    The president of the Philippines says if Canada doesn’t take back tonnes of trash within the next week he will “declare war” and ship the containers back himself.

    Filipino President Rodrigo Duterte Gives Canada One Week To Take Trash Back

    ISIS Claims Responsibility For Sri Lanka Bombings, Death Toll Is 321

    The Islamic State on Tuesday claimed responsibility for the suicide bombings targeting churches and luxury hotels in Sri Lanka as the death toll in the Easter Sunday bloodbath touched 321, including 10 Indians, with over 500 injured.

    ISIS Claims Responsibility For Sri Lanka Bombings, Death Toll Is 321

    Indian Man Extradited To US From Singapore For Multi-Million Dollar Call Centre Scam

    Indian Man Extradited To US From Singapore For Multi-Million Dollar Call Centre Scam
    Hitesh Madhubhai Patel, 42, of Ahmedabad is scheduled to be arraigned on Friday before a US magistrate judge in federal court in Houston.

    Indian Man Extradited To US From Singapore For Multi-Million Dollar Call Centre Scam

    Indian-American Professor Sree Sreenath Inducted Into Cleveland International Hall Of Fame

    The six inductees for the Class of 2019 were selected from among 150 plus nominees through an anonymous process.

    Indian-American Professor Sree Sreenath Inducted Into Cleveland International Hall Of Fame