In light of the escalation of tensions in the Asian continent, China and Japan announced expected increases in their military budgets, which is likely to cause an increase in tension in the region, especially in light of the presence of conflict and hostile backgrounds between the two countries, and their entry into an acute dispute over the East China Sea.
Asia is home to great and powerful countries. Especially China and Japan have enormous economic potential, so they can spend a significant amount of money on defense if they want to. China increased military spending and massive military build-up in the past several decades, and Chinese leaders increasingly becoming more aggressive. They pursued expansionist "wolf warrior" diplomacy and this led to a change in the security perception of most of the countries. Japan feels threatened and decided to increase military spending as well as accelerated alliance building.
China also feels threatened by security AUKUS, QUAD, and other bilateral cooperations between Japan, India, America, etc. These kinds of scenarios further triggered the arming race in the region and countries fiercely compete with one another.
Once the situation is out of control, and any miscalculations or changes in the balance of power there is a great possibility of breaking up clashes in the future.
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