"The U.S. government on Friday hailed Japan's new security strategy as a "bold and historic" step to help maintain peace in the Indo-Pacific, with the key Asian ally forging ahead with its biggest defense buildup plans since World War II amid China's rise and North Korean threats.In a major shift in its security policy under its pacifist Constitution, the Japanese government decided to acquire strike capabilities that could potentially reach an adversary's territory and set a target of doubling its annual defense budget to about 2 percent of its gross domestic product over the next five yea…READ FULL ARTICLE