TOKYO -- Military spending in East Asia expanded 6.2% on the year to $411 billion in 2023, a new report shows, as China's growing power and geopolitical tensions fuel an arms buildup in the region.
Defense
East Asia military spending up 6.2% as China tensions mount, report shows
Japan marks biggest rise since 1972; data comes amid rush of regional talks, drills
A member of the Chinese People's Liberation Army Navy stands guard on the Shijiazhuang, a guided-missile destroyer, as warships are opened for public viewing to mark the Navy's upcoming 75th anniversary in Qingdao on April 20. © Reuters
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