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Showing posts with label Military budget. Show all posts
Showing posts with label Military budget. Show all posts
Chinese military spending increases by 11.2% | World news | guardian.co.uk
Chinese military spending increases by 11.2% | World news | guardian.co.uk: "Annual double-digit increases continue as Beijing arms itself against regional disputes and greater US presence"
This is a response to the US $800 billion military budget. We are entering a new cold war.
China to unveil military budget after U.S. Asia pivot | Reuters
China to unveil military budget after U.S. Asia pivot | Reuters: (Reuters) - "China is likely to unveil its military spending for 2012 on the weekend, flagging the direction that Beijing will take after President Barack Obama launched a new "pivot" to reinforce U.S. influence across Asia."
New Pentagon strategy stresses Asia, cyber, drones | Reuters
New Pentagon strategy stresses Asia, cyber, drones | Reuters: (Reuters) - "President Barack Obama unveiled a defense strategy on Thursday that would expand the U.S. military presence in Asia but shrink the overall size of the force as the Pentagon seeks to reduce spending by nearly half a trillion dollars after a decade of war."
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
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