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How Much Does China Spend On Its Military?
How Much Does China Spend On Its Military?
Alex Hollings, Sandboxx: How does China’s defense spending really stack up against the US?
The Chinese military’s rapid expansion and modernization efforts in recent years are certainly expensive, but somehow, China claims to devote less than a third of America’s defense budget to their own military endeavors.
In 2020, China’s Defense budget was a claimed 1.268 trillion yuan, or about $196 billion. America’s, on the other hand, was a hearty $778 billion.
Despite this significant disparity in spending, over the past two decades or so, China has managed to field the largest naval force on the high seas, maintain the largest standing army on the planet, close the gap in stealth aircraft technology, and field hypersonic weapons America has yet to match.
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WNU Editor: A good review on China's real military spending.
The U.S. also omits certain funding from its defense budget. The US intelligence community has its own budget. Department of Energy handles nuclear programs. Etc..
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