Asia’s arms race shift: India climbs, China slides on PLA graft charges | India News
TL;DR: Driving the newsGlobal arms revenues surged to an all-time high of $679 billion in 2024, up 5.9% in real terms, according to the latest SIPRI Top 100 ranking. While Europe and the US drove most of the increase, Asia and Oceania stood out as the only region to post a decline—largely due to a…