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WASHINGTON — China is pressing a long-range modernization of its military, part of a strategy aimed at maximizing its leverage over Taiwan, extending its influence farther abroad, but avoiding conflict around its borders or with the United States, the Pentagon said on Friday in an annual report to Congress.
Two months ago, Beijing announced an 11.2 percent increase in its annual military budget to roughly $106 billion. While economic comparisons and analysis have always been difficult, there is no doubt that the past few decades have seen steady expansion in China’s military spending, and the Pentagon’s estimate is that China is investing more than it says, but still only about a fourth of what the United States spends each year on the military.
The video is something I found on Youtube, on this subject, and inserted myself was not in New York times original posting.
edit on 19-5-2012 by 1loserel2 because: add
Originally posted by AaronWilson
I am happy China is gearing up. Now there is a chance to fight back against the Israeli/American joint force that will soon steam roll over Iran. They need a good kick in the teeth.
Originally posted by earthdude
I would like to sell China our military, we really don't need it. I'm an American. Who is with me?