Los Angeles Times

China's massive military spending is having a ripple effect in region

SINGAPORE - The Asia-Pacific region is one of the fastest-growing markets for arms dealers.

Economic growth, territorial disputes and long-sought military modernizations there propelled a 52% increase in defense spending over the last decade to $392 billion in 2018, according to the Stockholm International Peace Research Institute.

The region accounts for more than a fifth of the global defense budget and is expected to grow. That was underscored last week by news of Taiwan's bid to strike a $2 billion deal to purchase U.S. tanks and missiles.

The biggest driver in

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