India lags China in new arms race2 min read . Updated: 07 Feb 2014, 12:49 PM IST
Indian defence spending in 2013 was dwarfed by how much China spent$36.3 billion compared to $112.2 billion
Exactly a century ago, two rival countries looked at each other suspiciously. One described its neighbour as the “peril from the East" while the other intimidated by the industrial and scientific might of its more powerful rival. The two nations were Germany and Russia. Both armed themselves without thinking of the consequences. It took an unrelated incident in a third country to spark the First World War.
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