china

US, China and Saudi Arabia top list of military spending, says report

US, China and Saudi Arabia top list of military spending, says report

Global military spending rose last year to its highest level since the Cold War, with the United States, China and Saudi Arabia topping the list, according to a Swedish-based research institute. In a report published on Wednesday, the Stockholm International Peace Research Institute (SIPRI) estimated that world military expenditure totalled $1.73tn in 2017, up 1.1 […]