Rising Sea Dragon in Asia (PLAN) 2014 Update

Blackstone

Blackstone

Brigadier
chuck731 said:
Chinese military spending has been growing faster (>10%) than GDP growth for last 20 years. If Chinese defence spending continue to grow at minimum double digit rates (10%), while Chinese GDP grows at 7.5% a year, Chinese absolute military spending match American defence spending in absolute terms by 2032, but not reach 4% of GDP until 2044.

If Chinese GDP growth rate levels off to 5% a year after 2020, then Chinese military spending wil match American defence spending the same year when Chinese GDP, as well as % of GDP spend on the military, will match that of US, in 2032.
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The bottom line is China's military spending of around 2% of GDP is in line with or lower than most nations not protected by US military alliances. Japan's 1% and Philippines' 1.2% GDP defense spending are outliers.
 
tphuang

tphuang

Lieutenant General
Staff member
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Guys, there are threads in the strategic defense forum that's more appropriate for this military budget discussion. Let's continue there and focus just on PLAN in 2014 here.
 
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