Asian nations in weaponry splurge as China tensions grow

Some Asian and Oceanian nations are ramping up weapons purchases as they become increasingly wary of China’s growing regional ambition, a report published by the Stockholm International Peace Research Institute showed on Monday.The report compared weapons transactions worldwide for the five years through 2021 to the previous five years through 2016. It showed that out of the top 10 arms importers, six were from Asia and Oceania.India was the top importer, accounting for 11 per cent of the total…