Re: China's defence budget for 2013: RMB 740 billion, $118 billion, up 10.7% over 20
I actually think we will see increase of troops in air force and especially the navy from current levels. Land army might then see some shrinking, but overall PLA personell numbers may remain the same.
With a projected 11% of growth combining both inflation and actual increase (which may be unrealistic, i know) PLA defense budget may reach 200 million then-year dollars in 2019. 300 million then-year dollars may be reached by 2023, though, again, i am aware of how unrealistic it may be that defense budget will keep growing over 10% for the next decade or two. 500 might be reached already by 2027., 700 million in 2030., 900 million in 2033. etc...