Analysis 2 The Military Market for Asia, Australia & Pacific Rim

摘要

The Asia-Pacific region remains, and will continue to remain, the major hub in the global defense chain. While the U.S. is the dominant global military power and defense investor, its primary focus continues to tilt toward East Asia, thus signaling the strategic value of the theater.China's ongoing military buildup and advancements, coupled with its aggressive stance toward its territorial claims, leave the rest of the region either looking up at the Chinese dragon in fear or cozying up as a means of extracting economic and security support. Most nations in the region wish to avoid confrontation of any kind and prefer to maintain healthy diplomatic and trade ties with Beijing. However, in the instance of Indonesia, for example, China's burgeoning maritime claims are now brushing up against its own exclusive economic zone and threatening to draw it into the so-called Nine Dash Line historical claim to most of the South China Sea.