#global-defense-expenditure

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time.com
3 months ago
World news

As U.S. and China Rivalry Heats Up, Each Side's Asia Allies Ramp Up Military Spending

Global defense expenditure reached $2.2 trillion in 2023, a 9% increase from the previous year.
Geopolitical tension between the U.S. and China is driving increased defense spending in the Indo-Pacific region. [ more ]
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