
TOKYO -- Global military expenditure surpassed $2 trillion for the first time in 2021, led by a rise in spending in Asia, according to a report released Monday by the Stockholm International Peace Research Institute.
SIPRI report shows Japan and Singapore raised defense budgets over 7% in 2021
TOKYO -- Global military expenditure surpassed $2 trillion for the first time in 2021, led by a rise in spending in Asia, according to a report released Monday by the Stockholm International Peace Research Institute.
Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.