U.S.-China Rivalry Pushes Rise in World-Wide Military Spending, Report Finds

Elvera Bartels

MUNICH—Global competition amongst the U.S. and China is spurring international locations all around the entire world to improve their army expending, according to a new report by an international believe tank that reported the most important improve in much more than a ten years.

Defense expending globally rose by 4% in 2019 about the former year,  amounting to the highest yearly improve in ten several years, according to the report, posted Friday by the London-based International Institute for Strategic Scientific tests.

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Huawei Hit With New Charges; CFO Named as Defendant

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