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The International Institute for Strategic Studies in a 2011 report argued that if spending trends continue China will achieve military equality with the United States in 15–20 years. [17] Jane's Defence Forecasts in 2012 estimated that China's defense budget would increase from $119.80 billion to $238.20 billion between 2011 and 2015. This ...
The following lists are of countries by military spending as a share of GDP—more specifically, a list of the 15 countries with the highest share in recent years. The first list uses the Stockholm International Peace Research Institute as a source, while the second list gets its data from the International Institute for Strategic Studies .
The China Military Power Report (abbr. CMPR), officially the Military and Security Developments Involving the People's Republic of China, is an annual report produced by the United States Department of Defense for the United States Congress that provides estimates, forecasts, and analysis of the People's Republic of China (PRC) military and security developments for the previous year.
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 the ...
The defence spending figure, set at 1.19 trillion yuan ($177.49 billion), is closely watched worldwide for clues to China's strategic intentions as it develops new military capabilities, including ...
China has been busy lately showcasing its military might and hybrid warfare tactics. The moves come ahead of Trump's return to the White House this month.
He also said China was spending "drastically more" on its military than the 7.2% increase it declared last month. The increase in China's defence spending is concerning given its economy is ...
A military budget (or military ... the United States spent 3.4% of its GDP on its military, while China 1.7% ... This page was last edited on 28 January 2025, ...