Rhino,
I know you believe in nuclear deterrence but look at follow USAF illustration, imagine what you can do in a battlefield with couple of aircraft in the air with laser, you can destroy every cruise missile, ballistic missile, etc... that the enemy launched. For this kind capabilities we need to test and develop support technology like tracking, detection, space sensor, etc...
Like i say before, nuclear weapon is not a weapon that you can use, so why investing lots of your resource in something that you never will use. In other hand ABM capabilities is also very useful in conventional war and don't forget, nuclear weapon is also very dangerous even we don't use like nuclear waste, accidents, etc...
imho Nuclear deterrence is more useful for weak army's/country's and PLA is not really weak anymore.
Lets forget about the nuclear stuff (although I still believe in a larger arsenal, I would not bring up this issue again, in case it become a war in this forum, so I will keep my opinion to myself).
But I still wanted to say, what I believe more in is a greater offensive capability. Something made up of of more destroyers, cruisers, sub (nuclear sub and conventional sub) and carriers. A more powerful airforce with modern bombers, fighters and other fix and rotary wing aircrafts.
Yes, defending the motherland is important, but do we actually wanted to defend the motherland in the motherland? We can bring the war out of mainland and spare our people some unnecesary pain and agony.
My arguement is that ABM is not a very matured technology, even now, and at present moment lasers, high energy weaponries and stuffs are a thing of the future. It is more frictional and actually real (as far as technology goes) at present moment, but I am not saying that it cannot be done just not now.
My argument now is why do we wanted to waste precious resources in these area instead of building a more powerful (much more powerful) navy and airforce at a much quicker pace. This would then be a deterrence that is more solid in foundation. This is something that could really stop people from taking the Chinese for granted, and punches us whenever they feel like it.
The ABM now (seriously) is not very useful and as it seemed... it is like trying to fight the war in China mainland again. When Mao Zedong ordered the developement of the NMD system... I believe he was trying to shield China mainland from missiles from the US and Russia.
However like I say before, even if the ABM/NMD could shield china from 100 missiles, what happen if there is 101 missiles launched?
So the main thing now is to prevent people from launching that 101 missiles. And the only way to do it... is to launch the offensive first. But with China's current fleet and air capability, I seriously doubt they could launch the offensive in some further away nations.
They need power projection (much, much more) and that is when the navy came in.
Future war, as I see it, when fought on Chinese land, even if the war is short but high in intensity, and no matter how the chinese troops fare... it is still China and her people that will suffer.
thus the war as I see it, should not be fought on Chinese land... but from the country that is going to initiate it.