US and China account for half of world’s military spending

US and China account for half of world’s military spending For: Mains Topics covered: Military Expenditure rises, Causes, SIPRI   News Flash The five biggest spenders on military in 2018 were the United States, China, Saudi Arabia, India and France, which together accounted for 60% of global military spending.       According to new data from the think-tank Stockholm International Peace Research Institute (SIPRI): Total world military expenditure rose to $1,822 billion in 2018…