 "military spending, army, helicopter, defence, weapons")
Global military expenditure growth at 3.6 per cent saw its largest annual spike in a decade in 2019 with China and India being the second- and third-largest spenders, after the US, a Stockholm-based think-tank said on Monday. It’s the first time that the two Asian giants were among the top three countries spending more on armaments.
The total global military expenditure rose to $1,917 billion in 2019, representing an annual growth of 3.6 per cent compared to 2018, according to a new report by the Stockholm International Peace Research Institute (SIPRI).
The 3.6 per cent spike it said was the
