{"id":13665,"date":"2024-05-15T17:42:55","date_gmt":"2024-05-15T17:42:55","guid":{"rendered":"https:\/\/lonecandle.com\/?p=13665"},"modified":"2024-05-15T17:42:56","modified_gmt":"2024-05-15T17:42:56","slug":"keeping-up-with-the-pacing-threat-unveiling-the-true-size-of-beijings-military-spending","status":"publish","type":"post","link":"https:\/\/lonecandle.com\/?p=13665","title":{"rendered":"Keeping Up with the Pacing Threat: Unveiling the True Size of Beijing\u2019s Military Spending"},"content":{"rendered":"\n<p>&#8220;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Beijing\u2019s publicly released military budget is inaccurate and does not adequately capture the colossal scope and scale of China\u2019s ongoing military buildup and wide-ranging armed forces modernization.<\/li>\n\n\n\n<li>After accounting for economic adjustments and estimating reasonable but uncounted expenditures, the buying power of China\u2019s 2022 military budget balloons to an estimated $711 billion\u2014triple Beijing\u2019s claimed topline and nearly equal with the United States\u2019 military budget that same year.<\/li>\n\n\n\n<li>Equal defense spending between the United States and China plays to Beijing\u2019s benefit. As a global power, the United States must balance competing priorities in the Indo-Pacific and elsewhere, which spreads Washington\u2019s budget thinly across multiple theaters. Meanwhile, each yuan China invests in its military directly builds its regional combat power in Asia.<\/li>\n\n\n\n<li>America\u2019s spy community has confirmed that Beijing\u2019s defense spending is on par with Washington\u2019s, but questions remain. The intelligence community\u2019s estimate of China\u2019s $700 billion in annual military expenditures needs more transparency to better convey Beijing\u2019s military budget breakdown and inform policy debates regarding US defense spending investments, gaps, and imbalances.&#8221;<\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-embed is-type-wp-embed is-provider-american-enterprise-institute-aei wp-block-embed-american-enterprise-institute-aei\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"wp-embedded-content\" data-secret=\"1KNu0GIYIR\"><a href=\"https:\/\/www.aei.org\/research-products\/report\/keeping-up-with-the-pacing-threat-unveiling-the-true-size-of-beijings-military-spending\/\">Keeping Up with the Pacing Threat: Unveiling the True Size of Beijing\u2019s Military Spending<\/a><\/blockquote><iframe loading=\"lazy\" class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; clip: rect(1px, 1px, 1px, 1px);\" title=\"&#8220;Keeping Up with the Pacing Threat: Unveiling the True Size of Beijing\u2019s Military Spending&#8221; &#8212; American Enterprise Institute - AEI\" src=\"https:\/\/www.aei.org\/research-products\/report\/keeping-up-with-the-pacing-threat-unveiling-the-true-size-of-beijings-military-spending\/embed\/#?secret=44bpGBngyv#?secret=1KNu0GIYIR\" data-secret=\"1KNu0GIYIR\" width=\"600\" height=\"338\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe>\n<\/div><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>&#8221;<br \/>\nBeijing\u2019s publicly released military budget is inaccurate and does not adequately capture the colossal scope and scale of China\u2019s ongoing military buildup and wide-ranging armed forces modernization.<br \/>\nAfter accounting for economic adjustments and estimating reasonable but uncounted expenditures, the buying power of China\u2019s 2022 military budget balloons to an estimated $711 billion\u2014triple Beijing\u2019s claimed topline and nearly equal with the United States\u2019 military budget that same year.<br \/>\nEqual defense spending between the United States and China plays to Beijing\u2019s benefit. As a global power, the United States must balance competing priorities in the Indo-Pacific and elsewhere, which spreads Washington\u2019s budget thinly across multiple theaters. Meanwhile, each yuan China invests in its military directly builds its regional combat power in Asia.<br \/>\nAmerica\u2019s spy community has confirmed that Beijing\u2019s defense spending is on par with Washington\u2019s, but questions remain. The intelligence community\u2019s estimate of China\u2019s $700 billion in annual military expenditures needs more transparency to better convey Beijing\u2019s military budget breakdown and inform policy debates regarding US defense spending investments, gaps, and imbalances.&#8221;<\/p>\n<p>https:\/\/www.aei.org\/research-products\/report\/keeping-up-with-the-pacing-threat-unveiling-the-true-size-of-beijings-military-spending\/<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[13],"tags":[253,886,89,552,272,355,314,259,1056,619,158],"class_list":["post-13665","post","type-post","status-publish","format-standard","hentry","category-article-share","tag-air-force","tag-army","tag-china","tag-conflict","tag-foreign-affairs","tag-foreign-policy","tag-international-relations","tag-military","tag-navy","tag-united-states","tag-war"],"_links":{"self":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts\/13665","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=13665"}],"version-history":[{"count":1,"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts\/13665\/revisions"}],"predecessor-version":[{"id":13666,"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts\/13665\/revisions\/13666"}],"wp:attachment":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=13665"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=13665"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=13665"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}