DTN News - ASIA DEFENSE NEWS: Asia Muscles Up To Protect Its Patch....NSI News Source Info # 2098(NSI News Source Info) TORONTO, Canada - June 18, 2011: The proverbial ''pet-shop galah" can recite facts about how Australia is benefiting from Asia's economic transformation, the Reserve Bank governor, Glenn Stevens, declared this week.
That's how deeply the once-in-a-century bonanza accruing to us from the rise of China, India and other Asian nations is now etched into Australian folklore.
But we hear much less about another important spin-off of Asia's growth miracle: the regional arms build-up. Just as the global economic balance has shifted towards Asia, so has the military balance.
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