Thursday, July 3, 2014

Military spending on the rise in Brunei

OXFORD BUSINESS GROUP
ECONOMIC UPDATES

Military spending on the rise in Brunei

Territorial disputes in the South China Sea have highlighted the ongoing tensions between China and countries including the Philippines, Vietnam, Taiwan, Malaysia and Brunei Darussalam, with the US also weighing in recently with its proposals for a bigger military presence in the region.
Both Vietnam and Malaysia are undergoing regional military build-ups, and the Philippines doubled its ... Read more.

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