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Australia boosts defence spending by 40 per cent as China tensions rise
Australian Prime Minister Scott Morrison on Wednesday announced a significant increase in defence spending to boost the country’s military prowess in the Indo-Pacific, amid jitters about China’s growing power in the region.In a major speech in Canberra, Morrison said the government would spend A$270 billion (US$186 billion) on defence over the next decade, up nearly 40 per cent from the A$195 billion pledged under its previous strategic review in 2016.Warning that Australia must prepare for a…
Read the original article at South China Morning Post