The Stockholm International Peace Research Institute’s data shows that Washington spends three times as much on its military than China, the second-largest spender, Ashik Siddique reports.
In SIPRI’s latest tracking, the U.S. remains dominant, China is in distant second, Russia has semiconductor and sanctions problems, Israeli sales are boosted by the Washington-mediated Abraham Accords and a Taiwanese company enters the top 100 for the first time.