China's Disturbing Defense Budget

China's Disturbing Defense Budget

China is causing new anxieties in Asia with a defense budget for 2014 that totals $132 billion, up 12.2 percent over the previous year. These numbers should not be used as an excuse to ratchet up America’s military spending. But they do raise legitimate concerns about China’s motives that Beijing should seek to dispel, especially at a time when regional tensions are rising.

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