Thu Jan 10, 2013, 06:13 AM
xchrom (108,903 posts)
There's An Arms Race Going On In Asia Unlike Anything Since The Cold War
Japanese officials followed their first defense spending increase in a decade by promising they would lay out another 2.1 billion dollar one-time bonus for defense procurement.
The bonus puts Japan's defense spending increase at just over 6 percent year-over-year, undoing a decade of decreases.
The increase reflects a rise in tensions in the Southwest Asia area of military operations, which most analysts attribute to island disputes, Chinese jet incursions, and North Korean ballistic missile tests.
China's military spending has seen percentage growth each year in the double digits recently, capping off a spending spree that started with initial procurements of arms from Russia in the 90s. New Chinese drones, jet fighters, long-range "giant war planes" recently made headlines as well.
Read more: http://www.businessinsider.com/arms-race-in-asia-2013-1#ixzz2HZPYrhWy
3 replies, 762 views
Always highlight: 10 newest replies | Replies posted after I mark a forum
Replies to this discussion thread
There's An Arms Race Going On In Asia Unlike Anything Since The Cold War (Original post)
Response to xchrom (Original post)
Thu Jan 10, 2013, 07:34 AM
Confusious (8,317 posts)
China is pushing a lot of thier smaller neighbors around like Vietnam, the phillipines, and Japan.
They're also stoking the nationalists.
We could get dragged into some shit I wouldn't like to be dragged into, but we would have to, since they're our friends.
Response to Confusious (Reply #1)
Thu Jan 10, 2013, 10:28 AM
Javaman (43,734 posts)
2. China and Viet Nam have only tollerated each other recently.
Historically, they have hated each other.
They have fought several against each other, and each time, Viet Nam wins.
Interestingly enough, modern china is turning into more of a modern version of Chiang Kai-shek rule than certainly one of Mao.
I just finished reading a great article detailing the rise of the Chinese Oligaky. And how the 8 "Immortals", or better known as the 8 Elders, gave rise to the new ruling rich class aka the "Princelings".
Here is a link to a google listing on the "Princelings" and their obcene wealth and the well documented list of their government/corporation/corrupt practices.