China's Defense/Military Breaking News Thread

[Lime]

But the inflation in Japan and the US is very high this year.

 

[antiterror13]

The Japanese are bumping their defense spending YoY 26% and the US is out here projecting $1 trillion defense spending soon but we still have these profoundly unserious "peaceful rise" copers in the top echelons of government. It is immensely depressing.

True, but the Japan defense spending increase is in Yen which is roughly 25% less than the USD ... so in USD perhaps not much different. And considering Japan purchase many foreign weapon system ... USD is much more relevant for Japan than for China where most (if not all) weapon system are purchased locally

 

[drowingfish]

But the inflation in Japan and the US is very high this year.

a bigger problem is their acquisition process, which I assume is more cumbersome and wasteful than China's.

 

[Hood_Rat]

But the inflation in Japan and the US is very high this year.

True, but the Japan defense spending increase is in Yen which is roughly 25% less than the USD ... so in USD perhaps not much different. And considering Japan purchase many foreign weapon system ... USD is much more relevant for Japan than for China where most (if not all) weapon system are purchase locally

Consumer inflation in energy and food and rent is primarily what is affecting the imperial powers. These are things that don't matter for military asset production that much. FX inflation also doesn't matter that much for Japan and the US since they have a relatively complete military supply chain.

The entirety of PRC foreign policy since the Hu era was predicated on the idea of G-2, i.e. a peaceful, stable relationship between the US and China and they still seem unwilling to wake up from that dream. This was never, ever going to happen.

 

[antiterror13]

Consumer inflation in energy and food and rent is primarily what is affecting the imperial powers. These are things that don't matter for military asset production that much. FX inflation also doesn't matter that much for Japan and the US since they have a relatively complete military supply chain.

Japan purchase a lot expensive weapon system which mainly from the US ... also many sub-system are purchased from foreign countries

 

[Overbom]

True, but the Japan defense spending increase is in Yen which is roughly 25% less than the USD ... so in USD perhaps not much different. And considering Japan purchase many foreign weapon system ... USD is much more relevant for Japan than for China where most (if not all) weapon system are purchased locally

Also yen weakened by a lot this past year, so they needed to ramp up their yen spending to cover this exchange rate weakening of their currency because they purchase a lot of foreign equipment

From about 120 to about 140, that's an automatic, around, 18% percent loss of their currency purchasing power for US weaponry.

 

[MixedReality]

The Japanese are bumping their defense spending YoY 26% and the US is out here projecting $1 trillion defense spending soon but we still have these profoundly unserious "peaceful rise" copers in the top echelons of government. It is immensely depressing.

I really hope these low defence spending numbers are severely understating the actual defence spending. If not, it is absolutely infuriating. The imperialist is openly talking about going to war with China in 2 years and China is still spending less than 2% of GDP on defense

The actual spending should be ATLEAST 5% of GDP. You don’t wait for the war to start to have a big increase in spending. You do that BEFORE the war starts. Big military spending is also a psychological deterrence.

America will not allow China to develop peacefully. They want a war now before the point of no return for them.

 

[Overbom]

I really hope these low defence spending numbers are severely understating the actual defence spending. If not, it is absolutely infuriating. The imperialist is openly talking about going to war with China in 2 years and China is still spending less than 2% of GDP on defense

The actual spending should be ATLEAST 5% of GDP. You don’t wait for the war to start to have a big increase in spending. You do that BEFORE the war starts. Big military spending is also a psychological deterrence.

America will not allow China to develop peacefully. They want a war now before the point of no return for them.

Given the currency movements I think its better to see the increase in Yuan, which is 100 billion yuan more than last year.

With 100 billion yuan more available, and with lets say, 35% allocated to procurement, of 35 billion, lets see how much big ticket PLA items cost:

• Type 055 destroyer: 6 billion (cost over the entire construction period, not an one time year cost)
• J-20: 830 million (based on a $120 million figure with current exchange rate, should be less in reality).

Also don't forget that the real military spending expenditure is shared between other departments as well, so the procurement rate could actually be higher than 35% for this official military budget

 

[TK3600]

Consumer inflation in energy and food and rent is primarily what is affecting the imperial powers. These are things that don't matter for military asset production that much. FX inflation also doesn't matter that much for Japan and the US since they have a relatively complete military supply chain.

It very much does. Personnel cost account for large portion of military cost. Those consumed product must be purchased. Wage must rise. Otherwise you see recruitment crisis.

 

[Hood_Rat]

It very much does. Personnel cost account for large portion of military cost. Those consumed product must be purchased. Wage must rise. Otherwise you see recruitment crisis.

So let me get this straight, you are arguing two things.

1) That the PRC's current defense spending is appropriate given the extremely elevated threat environment it is in.
2) That inflation, particularly wage inflation, will consume most or even all of the extra defense spending the US and Japan are piling on.

Is this correct? If so, can you explain why?