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March 11, 2013

The Real Story of China's Military

Erickson & Liff, The Diplomat

AP Photo

Given China’s rapid rise in all aspects of national power, as well as its reluctance to release specific details about many important aspects of its military spending, its annual budget announcement rightly attracts worldwide attention. Last week, China revealed its projected 2013 official defense budget: 720.2 billion yuan (roughly $US114 billion), a figure that continues a trend of nominal double-digit spending since 1989 (the lone exception: 2010).

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TAGGED: China, People's Liberation Army

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