Arms racing in Asia? Who’s winning, who’s losing

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This year, Asian military spending is expected to exceed Europe's military spending for the first time in history. Moreover, Asian nations are funding the development of significant new capabilities. China's first aircraft carrier embarked on its maiden voyage last year; Japan announced its intention to acquire F-35s; and India tested a long-range missile capable of striking Beijing, China.

Meanwhile, the U.S. is implementing a new operational concept called AirSea Battle. What factors are propelling this widespread military modernization? What are the implications for the military balance in Asia? Is Asia in an arms race? At this AEI event, two expert panels will examine major trends in Asian military modernization to assess their impact on power dynamics in the region.

If you cannot attend, we welcome you to watch the event live on this page. Full video will be posted within 24 hours.