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A new take on China’s defense budget

Posted by Matt in February 28th, 2007

Perhaps what you see is not necessarily what you get, and before we go off on another bout of conjecture as to what the Chinese are really spending on defense and what it all means, we should stop a moment and reflect. From RSIS.

Commentary by Richard A Bitzinger for RSIS (28/02/07)

Every March, as part of its release of its annual budget for central government expenditures for the coming year, Beijing makes public a single overall figure for national defense spending. This year, if recent history is any guide, that figure will be approximately US$40.3 billion to US$42.1 billion - an increase of at least ten percent over last year’s budget of US$36.65 billion.

This pronouncement will likely touch off a flurry of reporting in the world press as to the incredulity of China’s official defense budget, and fanning speculation that, in reality, Chinese military expenditures are much higher than is declared.

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