Military delegates stand in formation after the commemoration of the 110th anniversary of the Xinhai Revolution, in Beijing, China, on Oct. 9, 2021. (Noel Celis/AFP via Getty Images) Beijing leads an arms race in Asia that could spark war over Taiwan Anders Corr March 7, 2022 Updated: March 8, 2022 News Analysis Audio PDF China’s defense budget will likely increase by approximately 7.1 ...