Posted on Mar 4, 2015
Should this change our budget? (China’s Defense Budget to Increase 10 Percent in 2015)
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This would bring the official military budget to around $145 billion this year, representing around 5 percent of total central government expenditures and somewhere around two percent of China’s expected overall GDP this year.
http://thediplomat.com/2015/03/chinas-defense-budget-to-increase-10-percent-in-2015/
Officially, this would be the lowest increase in defense spending for the past five years, partially due to a projected slower annual GDP growth rate of seven percent for 2015. However, in comparison to other countries such as India (which revealed its annual military budget last week), the Chinese defense budget does not take into account various expenditures such as weapons imports, research and development, and money spent on the PLA’s strategic forces. Real military expenditures may be as much as 40 – 55 percent higher.
Read more:
http://thediplomat.com/2015/03/chinas-defense-budget-to-increase-10-percent-in-2015/
Officially, this would be the lowest increase in defense spending for the past five years, partially due to a projected slower annual GDP growth rate of seven percent for 2015. However, in comparison to other countries such as India (which revealed its annual military budget last week), the Chinese defense budget does not take into account various expenditures such as weapons imports, research and development, and money spent on the PLA’s strategic forces. Real military expenditures may be as much as 40 – 55 percent higher.
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Budget
DoD
China
Sequestration
Posted 10 y ago
Responses: 3
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I think our allies should increase defense budgets. We also need to address the belt and road doctrine of the Chinese government. They have leased more than 40 ports around the world. In WWII one of the first orders of business was to protect Australia from Japan. Now China has a 99 year lease of Port Darwin which makes defending Australia a lot harder.
One of the Principles of War is a common Objective. Spartacus would have won the objective of freedom, but his followers wanted to sack Rome which contributed to their demise.
One of the Principles of War is a common Objective. Spartacus would have won the objective of freedom, but his followers wanted to sack Rome which contributed to their demise.
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