China's defense budget to double over 5 yearsPosted by Randy | February 23, 2012
According to a new forecast by the research group IHS Global Insight, China is set to double its defense spending between 2011 and 2015. This increase from $119.8 billion to $238.2 billion will exceed the combined spending of the next twelve largest defense budgets in the Asia-Pacific region, solidifying China's status as a regional superpower.
Users are solely responsible for the opinions they post here and their comments do not necessarily reflect the views of Congressman Forbes.
Post a Comment
We encourage you to analyze and comment on the posts featured on this blog, but please understand that comments which include campaign content, engage in personal attacks, or include vulgar, profane, obscene, or inappropriate language will be removed from the site. Please note that there may be a brief delay in the publication of your comment.
RECENT POSTS10/01/2015 - Question of the Week: Do you support legislation to increase accountability for U.S. dollars going to the U.N.?
10/01/2015 - Prepping for Hurricane Joaquin
09/29/2015 - Forbes moves to protect pay for troops and defense civilians
09/26/2015 - Question of the Week: Do you support sanctions against China in response to cyberattacks against the United States?
09/25/2015 - Still waiting...
09/25/2015 - 10 Questions for President Xi Jinping