
The International Institute for Strategic Studies said that China’s official defence budget of $145 billion (137 billion euros) last year was 1.8 times higher than those of South Korea and Japan combined (AFP Photo/GREG BAKER)
China is beginning to export its own weapon designs, including armed drones, worldwide and is reaching “near-parity” with the West in terms of military technology, according to a report on Tuesday.
The International Institute for Strategic Studies said that China’s official defence budget of $145 billion (137 billion euros) last year was 1.8 times higher than those of South Korea and Japan combined. Continue reading