Dateline City:
SEOUL, South Korea
SEOUL, South Korea--(BUSINESS WIRE)--Rising tensions around the disputed South China Sea are expected to drive defence spending in the Asia Pacific region during the next five years. Total regional defence spending is forecast to increase by nearly 23 percent from $435 billion in 2015 to $533 billion in 2020, according to IHS Inc. (NYSE: IHS), the leading global source of critical information and insight.
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Contact:
IHS Inc.
SungHa Park
+82 31 8039 8771
sungha.park@ihs.com
or
Press Team
+1 303 305 8021
press@ihs.com
Twitter: @IHS_news
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IHS
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