China could build a modern military by 2020, says Pentagon | World news | guardian.co.uk

China could build a modern military by 2020, says Pentagon | World news | guardian.co.uk: "US report revealing fears over military growth is dismissed by Chinese officials as 'cold war mentality'"

This is a propaganda report to try to persuade congress not to cut the US military budget. Accidentally as the US spends the huge sum on the military China was modernizing its infrastructure.

The world's top 7 largest military budgets in 2010. Figures sourced from SIPRI Wikipedia