What is behind pacifist Japan’s policy change to allow heavy arms exports?

China’s assertiveness in the Asia-Pacific, and the war in Ukraine were factors for policy change, but the primary aim is to provide a shot in the arm to Japan’s developing domestic defence industry.

Source link

About Daily Multan

Check Also

Credit Suisse debacle threatens AT1 market and may lift banks funding costs

Investors in the US$250 billion-odd market for AT1 notes may shun new offerings after the …

Leave a Reply

Your email address will not be published. Required fields are marked *