Should this change our budget? (China’s Defense Budget to Increase 10 Percent in 2015)

2015-03-04T22:06:57-05:00

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:

China’s Defense Budget to Increase 10 Percent in 2015

Details on what precisely China is spending money on remain murky.

Response by SPC Private RallyPoint Member made Mar 4 at 2015 10:14 PM

2015-03-04T22:14:55-05:00

Nah. That's only a drop in the bucket compared to ours...

Response by SCPO Morris Ramsey made Dec 1 at 2019 10:57 AM

2019-12-01T10:57:14-05:00

What is the impact today

Response by MAJ Ken Landgren made Dec 1 at 2019 1:44 PM

2019-12-01T13:44:11-05:00

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.