Who’s Scared of China’s Military Budget?

When news hit last week that China’s defense spending will increase by 12.2 percent this year to $132 billion, pundits and politicians told us to be scared. I’m not:

Via Ian Bremmer in Politico.

Note that this is using a conservative estimate of U.S. military and national security spending. There is much in the black budget that would add to the gap.

  • denk

    to paraphrase good ole charley reese [rip]
    *the chinese government would be derelict of its duty if it didnt boost up china's defence when the barbarians are at the gate* !

  • That is the large Military Budget.

  • HIDE BEHIND

    Chinas military budget is indeed increasing but where the increase in spending goes is most important part.
    Some 20 million went into redesign of militarys Female clothing, and some 10’s of millions into the still incomplete reclothing of its male combat uniforms.
    They have notyet completed the ex change of old Ak and small arms to their newest weaponry.
    What does it cost for 20 million small arms to be built; including all the retraining and retooling of factorys?
    China buys a small antique aircraft carrirr and spends hudreds of millions trying to update and modrnize it to accept newest defensive weaponry, and has to modify its aircraft before first plane can land on the ship.
    Chinas space program is also a part of its military and without it a large part of worlds including US commercial and military satelites would of not been launched into orbit.
    Japan including loans and gusrantees is expanding its military spending at a higher rate than China, and where as Chinese are buying and building defensive military needs the Japanese who by international law are talking of having capabilitys to go nuke in matter of days.
    Us allies have bought over 100 billions of armaments and traing by Foreig. ADVISORS FROM myanmar ThIland Indonesia Cambodia,Laos, Cambodia Japan, philippines Australia and S. Korea, ALL POINTING RIGHT AT CHINA AND IT IS NOT HIDDEN.
    US STATED POLICY IS TO DRIVE CHINESE TRADE FROM AFRICA AND AMERICAS TO BE REPLACED BY NEW GOODS FROM THOSE ALLIES MENTIONED ABOVE AND OF COURSE ALL MONETARY TRANSACTIONS OVER SEEN BY US AND EURO ADIAN FINANCIAL ENTITYS.

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  • When news hit last week that China’s defense spending will increase by 12.2 percent this year to $132 billion, pundits and politicians told us to be scared.

  • Who's Afraid of the military budget of China? All are afraid.

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