Asian Militaries Embrace Submarines Amid South China Sea Competition

Asia’s spending on military hardware is quickening at a time of increasing focus over maritime territorial disputes in the South and East China Seas, as well as growing concern over China’s expanding military. Earlier this year London-based Strategic Defense Intelligence (DSI) reported that Asia led the world in rising defense spending, and countries’ spending on submarines was at the top of the list. DSI analysts say the Asian submarine market is currently worth just over $7 billion,...

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