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Asia's amped-up arms race

Strategic shifts in Asia since the end of the Cold War have set off an arms buying spree. A rising China is restructuring its military to back up its claims to a huge swath of the South China Sea. The U.S., meanwhile, is trying to maintain its predominance by fashioning a network of allies powerful enough to constrain the Asian giant. The saber-rattling by ascendant and status quo powers means lucrative deals for U.S., European and Asian defense contractors, but an Asia armed to the teeth may present new dangers to itself and the world. 

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