Wednesday, September 9, 2015

Bold Projections Taken Out of Context Overstate China’s Leeway Military Budget Growth

Whatever the real number, it is still growing crazy fast - much more so than ANY western nation:

"The UK's long-established International Institute of Strategic Studies (IISS) recently published aMilitary Balance 2013  report which makes some reasonable observations about the current state of global affairs, but unquestioning media parroting  of some of its talking points invites more scrutiny. Namely, one of the report's charts  puts Chinese defense spending possibly above the US within a dozen years, and continues to project current spending trends until 2050, in current dollars, with today's exchange rates."

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