Growing Muscle: China's Neighbors Gear Up for a Fight

The Asia-Pacific naval market is heating up, with massive quantities of new ships to boost regional navies in coming years. According to AMI International, a US-based naval analysis firm, Asia-Pacific has already surpassed Europe as the world’s second largest naval market. AMI projects the region will spend $200 billion on new ships and submarines by 2032, making up roughly 25 percent of the global projected new ship market.

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