Vast Sums? China barely spend 1.2% of GDP officially on the military. China is still mainly running on easy mode when it comes to military. If China really gets serious about the military. They will be producing 2-300 fighter jets per year. atleast 200 destroyers will be in the navy.
Isn't it hilarious when someone who fancies himself a historian of 19th century European geopolitics tries to treat that all as analogous to modern geopolitics, and then actually doesn't know a damn thing about the current balance of military industrial capacity, fiscal/financial capacity, and costs to produce? If we're going to insist on using historical analogies, China today, technologically, industrially, and militarily, is like post-WW2 US, having opportunistically come out on top in a massive war. Historically, that would be WW2 for US, but tech war, cold war, trade war, financial war, bio war, cyber war, and spy war for China today. The US today is more like pre-WW2 UK. In a fiscally and financially tenuous position and on the verge of a black swan setting off a massive geopolitical retrenchment. This has arguably already begun, but one could argue the current US over-investment in and under-performance (revenues, profits, meaningful productive implementation) from the AI bubble is another potential financial crisis in the making. Even OpenAI's $200/month subscription is loss-making. They gain 1 dollar for every 7.5 they spend, and that's not counting the ridiculous $1.5 trillion in capital expenditures they have already signed up to. Not to mention their LLM fucking sucks. After having used ChatGPT, Grok, Deepseek, Qwen, Kimi, Z.ai, etc., it's clear to me that among them all the most prone to "hallucinations", aka being stupid and wrong, is ChatGPT. You really can't trust a single damn thing it tells you, and half the citations are misinterpreted or entirely irrelevant to the question and answer.