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Eye on China, Singapore splurges on top-line arms

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11-03-2019, 10:30 AM

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Eye on China, Singapore splurges on top-line arms

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Eye on China, Singapore splurges on top-line arms

Last month, the wealthy city-state passed its biggest ever defense budget worth US$16.7 billion, or around 30% of the government’s total planned expenditure for 2019, with rich earmarks for defense, security and related diplomacy. Singapore allocates between 3% and 5% of its...

Eye on China, Singapore splurges on top-line arms

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