Making Sense of 10.1% Increase to $144.2 Billion: One-Stop Shopping for China Military Budget Analysis
At the National People’s Congress today, Beijing announced a 2015 military budget of 886.9 billion yuan (~$144.2 billion), a 10.1% increase from the previous year. Regardless of what other Chinese defense spending is not reflected in these figures, China clearly has the world’s second largest economy and military budget. The following analysis offers further insights […]