<p> South Korea is developing a light aircraft carrier. It is a clear signal that north-east Asia is witnessing an arms race as the geo-political situation frays globally and countries fret for their security.</p> <p> In June this year, two of South Korea's global conglomerates, Hyundai Heavy Industries and Daewoo Shipbuilding and Marine Engineering, unveiled … Continue reading South Korea seeks aircraft carrier amid Indo-Pacific turmoil