While most recently mainstream discussion of peace and security in Asia has focussed on the rise of China and its consequences, a little noticed arms race that has been underway since the end of the Cold War involves many more countries than China. According to Desmond Ball, one of its most constant analysts, this began with widespread modernization of armed forces after the end of the Cold War, but has moved on to continuous systematic increases in military capacity in most countries in the region. Action-reaction patterns of competitive armament cycles are evident, and most disturbingly, there are few bilateral or regional political institutions to dampen these negative feedback cycles. For Ball, the most important areas where this kind of action-action momentum can be seen, are major naval capabilities; long-range ballistic and cruise missiles, and missile defence systems; electronic warfare systems; and information warfare (IW) and cyber-warfare capabilities.