Tuesday, June 12, 2007

China's military spending touches new record

The Stockholm International Peace Research Institute (SIPRI) estimates, in its latest yearbook, that military spending in China climbed to an estimated $49.5 billion last year from $44.3 billion in 2005. For the first time in living memory, China's military expenditure surpassed that of Japan, "making China the biggest military spender in Asia and the fourth biggest in the world".

As far as is known, no one is planning to attack China. So is China is planning to attack? What? And when? Sphere: Related Content

1 comment:

Anonymous said...

It is well known that China is transforming its military army to get a smaller but more mobile army. China have for many years had the one of the largest armies of the world, but now they have found out that it's smarter to have an army you can use in other countries. China want to have a role similar to the one that USA got, were it's possible to threat countries to do as commanded. A kind of succesor to the role that the Soviet Union had in asia. It's going to be very interesting to see how that will work out...
by Mathias Kirkegaard
Studying political science at the University of Aarhus, Denmark.
www.mathiask.dk (danish text)