Jan 2, 2020
Tag: China
Biden: Will hold China accountable, matches Trump’s policy
Decisive shift India allocates $ 18 Bn for military equipment
An allocation of almost $ 18 billion, under what is called the ‘Capital head’ of its budget, is the largest increase in 15 years when calculated on an year-on-year basis. It also almost doubles the allocation within past four years. In the budget presented in February 2017 the allocation was Rs 69,473 Crore ( approx $ 9.26 billion).
After policy change, US drone deals beat China
The US policy change affected in July this year and the subsequent moves, break China’s rapidly growing influence in the ‘armed drone market’. India or Taiwan would be a ‘no go zone’ for Chinese companies, which, however, in the past, had sold drones to UAE. Beijing had even sold some drones to Saudi Arabia, a long standing ally of the US
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