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Has Japan Replaced India As The Second-Most Powerful Nation In Asia & Third Strongest In The World?
December 23, 2020
Has Japan replaced India as the second most powerful nation in Asia? Japanese Prime Minister Yoshihide Suga’s cabinet has approved a record-high $51.7 billion (5.34 trillion yen) military budget for the fiscal year 2021-22 up 1% from the current fiscal to counter China’s growing military might.
This is the ninth consecutive rise in Japan’s military spending and has been done to fund the development of its sixth-generation stealth fighter jets along with a longer-range anti-ship missile with an eye on China, the most powerful nation in Asia.