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Warning: Graphic content Full Article Follow Reuters Facebook Twitter RSS YouTube Read In UN week, Saudi says to ease Palestinian crisis 19 Sep 2011 World Atlas ice loss claim exaggerated: scientists 19 Sep 2011 Defunct NASA satellite to crash to Earth this week 19 Sep 2011 Scientists find way to "disarm" AIDS virus 19 Sep 2011 The Charlie Sheen Roast vs. 'Two and a Half Men': Which Was Funnier? 19 Sep 2011 Discussed 131 Obama to propose $3 trillion in deficit cuts 73 Geithner’s ”succinct” message irks Europeans 47 Analysis: Bachmann HPV vaccine comments toxic: doctors Watched Scarlett's naked pics, Tyler Perry is highest paid Wed, Sep 14 2011 Singapore scientists create world's smallest gear Mon, Sep 19 2011 Series of earthquakes hit Guatemala Mon, Sep 19 2011 Analysis: China military growth to boost arms sales to Asia Tweet Share this Email Print Related News Insight: Looming U.S. decision on Taiwan risks China rift Fri, Sep 16 2011 Senate panel backs freeze in Pentagon base budget Tue, Sep 13 2011 Libyans say China, Europe sent arms to Gaddafi Mon, Sep 5 2011 Arms makers eye exports to offset Pentagon cuts Mon, Sep 5 2011 Analysis & Opinion How to prevent a depression Tiger Asia case has exposed Hong Kong regulator’s enforcement reach, say lawyers Related Topics World » China » Credit: Reuters By Rhys Jones LONDON | Tue Sep 20, 2011 8:45am EDT LONDON (Reuters) - China's military build-up is forcing its Asian neighbors to ramp up their defences, offering a new source of growth to western arms makers keen to offset belt-tightening in their home markets. At a time when many western defense budgets are falling, China's military spending is still growing. This, along with Beijing's firm diplomatic stance on recent regional issues, has made neighboring nations nervous. "We expect to see a sharp increase in spending on defense and security from many Asian nations who are keen to protect their borders, in part due to the growing influence of China in the region," said Adam Thomas, a spokesman for UKTI DSO, a government department which oils the wheels for Britain's 35 billion pounds arms industry. "We've been busy meeting delegations from Asia all week. Malaysia, Japan and Korea are big markets, as is India obviously," added Thomas, speaking at last week's DSEi arms fair in London, one of the world's largest weapons shows. China's defense budget grew by 12.7 percent to $91.5 billion this year. This follows a rise of 7.5 percent in 2010 and double-digit growth in recent years to help fund programs to develop aircraft carriers, stealth jets and surface-to-air missile technology. The country's growing military clout has coincided with a more assertive diplomatic tone, evident in spats last year with Japan and southeast Asia over disputed islands, and in rows with Washington over trade, the yuan currency and human rights. "Many Asia-Pacific nations are looking to defend their interests in the face of a rising China. The likes of Thailand, Malaysia and Indonesia are vying for their regional position -- they want credible defences and also to be taken seriously by China," said Guy Anderson, chief analyst at military intelligence group Jane's Defense Industry. "Asia Pacific is right in the target zone for western defense companies now -- there are export controls but no absolute barriers -- and there have been massive marketing efforts going on in the region in the last couple of years." Britain's BAE Systems Plc and Italy's Finmeccanica SpA, as well as U.S. firms Lockheed Martin Corp and Northrop Grumman Corp, are just a few of the defense companies pushing aggressively into the region. China, which is now the world's second-largest economy, often points out that its defense spending pales in comparison with that of the United States -- budgeted at $553 billion for 2012 -- and that its military upgrades are for defensive purposes. ASIAN RAMP-UP Delegations from Japan and South Korea, who are in the market for new radar-evading fighter jets, were especially prominent at DSEi, while representatives from Hong Kong, Indonesia, Malaysia, Philippines, Singapore and Thailand were busy discussing deals. Large groups of Asian army captains in full uniform could be seen flitting in and out of meeting rooms and stalking the exhibition halls crammed full of missiles, tanks, armored vehicles, machine guns and unmanned aircraft at DSEi, which was part-funded by the UK government. "We've been talking to numerous delegations from Asian countries at the show," said a major U.S. defense firm executive who asked not to be named. "There's interest across the board in everything from armored vehicles to cyber security products to border control systems." With Western defense spending being cut at a time of economic crisis, the planned end of military operations in Afghanistan will provide another headache for arms companies. The United States - the world's biggest arms market - is cutting at least $350 billion from previous project spending, while the UK plans to reduce defense spending by 8 percent by 2015. Such cuts mean there may not enough work to go around for western defense firms. As such, competition will be fierce to win contracts in emerging markets to make up for the shortfall. French aero and defense company Thales expects Asia to lead the way in defense spending over coming years. "Defense spending goes along with the economic growth of a country. I think Asia will be the top (spender)," said Thales Chief Executive Luc Vigneron. "Those markets will be addressed by many competitors...the cake will have to be shared among competitors as well as local champions." The U.S. government is pushing hard to make sure its big defense contractors get a large piece of the action. Washington is lobbying to help Lockheed Martin win a deal to supply Taiwan with 66 F-16 fighter jets. It is also helping Northrop Grumman to secure a contract to sell Global Hawk spy planes to South Korea - a deal which would require a waiver for an arms control pact involving about 30 countries. "In terms of competition between the U.S. and Europe - it will be an absolute blood bath," said Jane's Anderson. Although the Eurofighter Typhoon jet - part made by BAE Systems along with firms from Germany, Spain and Italy - is on the shortlist to be picked by Japan and Korea, BAE's emerging market radar has, in recent years, been fixed on India, which now accounts for around 12 percent of its sales. BAE, which displayed a tank fitted with an invisibility cloak at DSEi, classes India as a 'home market' - a place where its goods are developed, manufactured and serviced. This is a model that emerging market nations are keen to replicate to help develop their own defense industries. "Asia is -- probably all of Asia, not just north or south," Lockheed Martin's Vice President for international business development said. (Editing by David Cowell) World China Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (3) Jeanmichel wrote: China is not a threat to any country. However, creating an atmosphere of fear is necessary for the western countries because they need to boost their military industry. It is unfortunate that the western countries are resorting to this measure which will increase tension among the Asian countries. From aggressors, invaders, killers and bombers, the western countries have now turned to a new vocation: sellers of machines of death. Sep 20, 2011 11:01am EDT -- Report as abuse Whatsgoingon wrote: “At a time when many western defense budgets are falling, China’s military spending is still growing” US military spending is still growing in the face of a recession, what’s the point here? “Washington is lobbying to help Lockheed Martin win a deal to supply Taiwan with 66 F-16 fighter jets.” Why only 66 – 666 would be better, right? Sep 20, 2011 11:19am EDT -- Report as abuse Whatsgoingon wrote: “At a time when many western defense budgets are falling, China’s military spending is still growing” US military spending is still growing in the face of a recession, what’s the point here? “Washington is lobbying to help Lockheed Martin win a deal to supply Taiwan with 66 F-16 fighter jets.” Why only 66 – 666 would be better, right? Sep 20, 2011 11:19am EDT -- Report as abuse See All Comments » Add Your Comment Social Stream (What's this?) 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