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China's increased military spending has created a "greater threat perception" in the neighborhood, said senior researcher Nan Tian. It comes as worldwide military spending surpassed $2 trillion for the first time ever in 2021, he added.” Tian said China’s increased military spending has created a “greater threat perception” in the neighborhood.and Russia, which were the fourth and fifth biggest spenders respectively, together accounted for 62% of total military spending last year.”It puts the point into perspective that throughout the times of economic recession, changes in oil prices or even the pandemic, military spending has seen a consistent, persistent increase,” he…
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