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this post was submitted on 04 Apr 2024
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Question:
China's military budget is ~$230 billion
USA's military budget is ~$850 billion
Since the USA's military-industrial-complex primarily functions as political patronage, and is only secondarily about maintaining empire, is it possible that the actual purchasing power of the Chinese military budget is fairly close to what the USA is getting out of their budget? Especially since China's military has a more limited mission, and so doesn't need the same level of capabilities for power projection that the USA does.
I can answer this!
https://www.twz.com/china-acquiring-new-weapons-five-times-faster-than-u-s-warns-top-official
Words of Cameron G. Holt, major general, in charge of all aspects of contracting.
I would imagine that the actual purchasing power of Chinese military far surpasses the US. Even Russia is able to outproduce the US militarily, and China is in a whole different league in terms of industrial power.