Defense
For the first time in its history, the People’s Liberation Army can
boast a homegrown arsenal of sophisticated, modern weaponry. The
military-industrial complex of the People’s Republic of China has two fifth
generation fighters in development, has demonstrated the capacity to build some
of the most sophisticated ballistic missiles in the world, and has among the
world’s healthiest military shipbuilding sector.
Yet for all of this success, serious questions persist. China remains
dependent on access to foreign technology, with many of its most important
systems stemming from Russian and Western designs. More importantly, however,
China must figure out a way to manage the growing divide between its military
and civilian economies.
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