Japan said today it intends to boost military spending by five per cent over the next five years, with a hardware splurge intended to beef up defence of far-flung territories amid a corrosive row with China.
The cabinet of hawkish Prime Minister Shinzo Abe agreed 24.7 trillion yen (USD 240 billion) would be spent between 2014 and 2019, including on drones, submarines, fighter jets and amphibious vehicles, in a strategic shift towards the south and west.
