Tag: defense

Written by lookingbeyondborders

China Stresses Peaceful Development After US Report

China stressed its adherence to peaceful development in response to a U.S. intelligence report predicting that China will surpass the United States to become the world’s largest economy before 2030. “China will unswervingly pursue a way of peaceful development. China’s development aims at making greater contributions toward peace and development of mankind, as well as […]

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Written by lookingbeyondborders

Firms, Policymakers Struggle Amid Western Defense Cuts

Whether or not America‘s politicians can find a way to sidestep the brutal automatic military cuts of sequestration, the era of rising Western spending on weapons and wars is over. That reality increasingly is challenging major arms manufacturers, spurring them to look for new markets, cost cuts and mergers. It is also confronting policymakers with difficult […]

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