Military
China’s economic rise means that the world’s largest army now also has the resources of the world’s second largest economy. The security implications of this are discussed in the U.S. Department of Defence’s latest report, which highlights not only the sheer growth of China’s military, but also its sustainability. Although China still spends less on its military than the United States spends on its own defense forces, China’s far higher economic growth suggests it will be able to catch-up rapidly, with relatively little economic burden. This contrasts with America’s economic malaise and raises questions over the credibility of the U.S. security guarantees to Western Pacific allies and its pivot to Asia.
China’s economic rise means that the world’s largest army now also has the resources of the world’s second largest economy. The security implications of this are discussed in the U.S. Department of Defence’s latest report, which highlights not only the sheer growth of China’s military, but also its sustainability. Although China still spends less on its military than the United States spends on its own defense forces, China’s far higher economic growth suggests it will be able to catch-up rapidly, with relatively little economic burden. This contrasts with America’s economic malaise and raises questions over the credibility of the U.S. security guarantees to Western Pacific allies and its pivot to Asia.
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