fredag 23. november 2018

Is China Fueling an East Asian Arms Race?

Over the past several decades China has invested heavily in its military technology development and firepower. Its recent military modernization has meant a deep transformation of its offensive and defensive capabilities, and has led to China becoming a formidable military actor on both regional and international stages. China’s 2015 military expenditure was $204 billion, $215 billion for 2016, $228 billion for 2017, and is expected to grow by another 8 percent for the following year. By the end of the decade, China is expected to raise its defense budget to approximately $260 billion. China’s changing national security environment and soft rivalry with other states, foremost the United States, has led to spending surges that fuel concerns across Southeast and East Asia.