China's Defense Spending Thread
- Thread starter antiterror13
- Start date
Interesting hypothesis .
Anyway here is the US R&D expenditure
There was a big bump in the 80s in the military R&D, but since 92 the value going up and down around the same percentage.
The spending decreased since 2013, but if the military spending matter for fundamental research then the effect of ti can not be visible for decade(s).
And the long term trend following an up/down trend.
Anyway here is the US R&D expenditure
There was a big bump in the 80s in the military R&D, but since 92 the value going up and down around the same percentage.
The spending decreased since 2013, but if the military spending matter for fundamental research then the effect of ti can not be visible for decade(s).
And the long term trend following an up/down trend.
I found same interesting aspect of the new type 055 crusier , from military spending perspective.
There is a price tage of 6 billion Yuan for this ship.
So, let say that this ship is equivalent with the Burke class in capability ( my target is not that to start a flam war, I just don't want to go into details to deep) .
In that case we have the tyoe 055 for 6 billion yuan, and the burke for 1,843 billion $.
If we using this two number to establish an exchange rate between the two country military spending, then it will be 3.25 yan/$.
The current exchange rate is 6.66 yua/$.
So, in regards of military spending the Chinese gdp is around 22 billion $ on naval ship purchase power parity, higher than the 18.57 billion GDP of the US.
So, China military spending expressed as the US GDP % is 2.72% , vs the US 3.6% .
However the US maintain a lot of overseas bases, and I don't know how accurate is the Chinese ( or US) data.
source:
There is a price tage of 6 billion Yuan for this ship.
So, let say that this ship is equivalent with the Burke class in capability ( my target is not that to start a flam war, I just don't want to go into details to deep) .
In that case we have the tyoe 055 for 6 billion yuan, and the burke for 1,843 billion $.
If we using this two number to establish an exchange rate between the two country military spending, then it will be 3.25 yan/$.
The current exchange rate is 6.66 yua/$.
So, in regards of military spending the Chinese gdp is around 22 billion $ on naval ship purchase power parity, higher than the 18.57 billion GDP of the US.
So, China military spending expressed as the US GDP % is 2.72% , vs the US 3.6% .
However the US maintain a lot of overseas bases, and I don't know how accurate is the Chinese ( or US) data.
source:
Soon China should announce the 2018 military budget.
Considering a huge increase in US military budget and bigger than usual in SK and Japan, Does China's budget will be increased by more than 7%?
Considering a huge increase in US military budget and bigger than usual in SK and Japan, Does China's budget will be increased by more than 7%?
plawolf
Lieutenant General
China does not want to get into a new Cold War arms race with the US, so it is unlikely that we will see unusually high defence spending increases form China.
Not officially anyways. With the US increasing defence spending so significantly, it would be illogical and unwise for China to take no notice or make no hedging counters.
I would expect some creative accounting where non-headline grabbing budgetary items, like housing, pensions, maintenance etc get quietly shifted onto the budgets of other departments and ministries (for example, the military could ‘subcontract’ out its base maintenance to another government department that will shoulder the costs and only charge the military a nominal fee; or the military could ‘lease’ the land on its bases to other government departments for market price but continued to use that land as it always did). So even with the bottom line budget more or less static, the PLA would get a huge increase in spending power to purchase new equipment with.
Not officially anyways. With the US increasing defence spending so significantly, it would be illogical and unwise for China to take no notice or make no hedging counters.
I would expect some creative accounting where non-headline grabbing budgetary items, like housing, pensions, maintenance etc get quietly shifted onto the budgets of other departments and ministries (for example, the military could ‘subcontract’ out its base maintenance to another government department that will shoulder the costs and only charge the military a nominal fee; or the military could ‘lease’ the land on its bases to other government departments for market price but continued to use that land as it always did). So even with the bottom line budget more or less static, the PLA would get a huge increase in spending power to purchase new equipment with.
It makes sense to increase the military spending .
If the business, investment, consumer exhausted then the goverment spending left, and the best way to do that is to spend it for new, high tech military equipment made in china independendly from anyone else.
If the business, investment, consumer exhausted then the goverment spending left, and the best way to do that is to spend it for new, high tech military equipment made in china independendly from anyone else.
The 2% of GDP spending figure from the SIPRI includes the budget for the PAP. The official defense budget in China is just 1,3% of GDP but if you add the off budget items it will be larger. But most likely smaller than the 2% number from the SIPRI. Then again almost all countries have off budget items when it comes to defense spending like in the US where the budget for the nuclear arsenal falls under the department of energy rather than defense.
antiterror13
Brigadier
I believe Chinese defense budget in 2018 will increase by 15% in Yuan .. or in US$ about 22% .. as Chinese Yuan appreciated about 7% so far from Feb 2017
Hendrik_2000
Lieutenant General
That is possibility a gib bump in defense spending because in break with the past China WILL NOT REVELAED defense spending this year
China Refrains From Releasing Military Spending Target
Bloomberg News
March 4, 2018, 12:25 AM CST
- Figure not released during annual legislative news briefing
- Highlights lack of information about Xi’s growing military
Military delegates leave the Great Hall of the People following a group session at the first session of the 13th Chinese People's Political Consultative Conference (CPPCC) in Beijing, China, on March 4. Photographer: Qilai Shen/Bloomberg
China withheld release of its annual military-spending target during an annual news conference, breaking with a practice that provided a key glimpse into the world’s second-largest defense budget.
National People’s Congress spokesman Zhang Yesui sidestepped a question about the figure at a briefing Sunday ahead of the annual legislative session in Beijing, saying defense spending had increased to make up for past shortcomings. The figure could be released as soon as Monday, when the legislature is expected to receive a Ministry of Finance report at the start of its session.
Last year, China’s military budget rose 7.1 percent to 1.044 trillion yuan ($160 billion), the slowest pace since at least 1991. While that’s about one-quarter of U.S. outlays, the Stockholm International Peace Research Institute estimates that China’s actual spending is about 55 percent more than the officially stated figures.
The omission highlights the general lack of official data about China’s military, as defense officials in the U.S. and Asia seek more information about Beijing’s strategic intentions. Calls for more transparency are likely to intensify as President Xi Jinping seeks to build a “world-class” military capable of projecting force further from China’s borders.
“China is committed to a path of peaceful development and China pursues a defense policy that is defensive in nature,” Zhang said. “China’s development will not pose a threat to other countries.”
China’s “lack of transparency about its growing military capabilities and strategic decision-making continue to cause concern among countries in the region,” the Pentagon wrote in its report on the country’s military last year. Unlike China, the U.S. provides a breakdown of spending between the army, navy, air force and other units.
Besides approving the defense budget, NPC deputies are also expected to appoint Xi to a second term as president and repeal constitutional term limits requiring him to step down in 2023. The amendment may give Xi more time to advance a in October to complete China’s restoration as a global power by the mid-century mark.
— With assistance by Peter Martin, David Tweed, and Dandan Li