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Bookmark or Share- China’s Getting Ready to Throw Its Weight AroundThe report concedes that China’s announced annual defense spending of $230 billion in 2022 was probably about half of the true amount, roughly $450 billion per year. Even this estimate is likely very low. A comprehensive analysis done by my American Enterprise Institute colleague Mackenzie Eaglen, using those 2022 figures and analyzing ...
- China’s Defense Budget Is Much Bigger Than It Looks - Foreign PolicyU.S. Sen. Dan Sullivan recently revealed that U.S. government estimates put the Chinese annual defense budget at around $700 billion. That is far higher than previous estimates and almost...
- What Does China Really Spend on its Military?In 2002, the U.S. Department of Defense (DoD) reported that China’s actual defense spending may have been upwards of four times larger than its officially announced budget. In 2023, the DoD noted that China’s real military spending may be 30 to 40 percent higher than stated in its official budget.
- China Military Spending/Defense Budget 1989-2024 - MacrotrendsChina military spending/defense budget for 2022 was $291.96B, a 2.11% increase from 2021. China military spending/defense budget for 2021 was $285.93B, a 10.84% increase from 2020. China military spending/defense budget for 2020 was $257.97B, a 7.34% increase from 2019.
- China raises defense budget 7.2% as it pushes for global heft - AP NewsBEIJING (AP) — China on Tuesday announced a 7.2% increase in its defense budget, which is already the world’s second-highest behind the United States at 1.6 trillion yuan ($222 billion), roughly mirroring last year’s rise.
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