Mystery Shrouds Chinese Defense Spending

While China’s known military spending has remained consistent as a percentage of its gross domestic product for decades, but this provides only a rough measure of what Beijing has actually committed to a broad range of obscured or classified expenditures, two experts on defense spending said Tuesday. Peter Robinson, dean of the University of Western Australia’s Business School, said using that percentage did show with the Soviet Union in the Cold War “what strain [military spending] was putting on the country.” The measure was valuable “in looking for trends … that something’s up” with a nation’s military intent. In China’s … Continue reading Mystery Shrouds Chinese Defense Spending