My post was quite clear:
"That's an increase of 120 billion RMB.
Now let's say procurement is 1/3 (or 1/4) of that, that gives us a procurement budget increase of 40 (or 30) billion RMB to be split (likely not equally) among the PLA services."
China's Defense/Military Breaking News Thread
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"That's an increase of 120 billion RMB.
Now let's say procurement is 1/3 (or 1/4) of that, that gives us a procurement budget increase of 40 (or 30) billion RMB to be split (likely not equally) among the PLA services."
I see some source claiming that PLA's procurement budget can be >40% of the total.
lcloo
Captain
Speculative figure, mainly originated from sources like US politicians and media.
Of course.
antiterror13
Brigadier
I was hoping double digits, something like 12-13%.
Japan increased the defense budget in 2024 by 16%! ... I know from low base and in Yen which is very weak now to USD .. and Japan bought many weapons in USD
i always said one thing, consider Chinese defense budget in RMB ..
China has complete indigenous Military industrial complex. from largest industrial base and production cost+inflation rate..
So 1670 billion is baseline. Plus let's say 25 percent in other expenses that don't get reported, like R&D and other stuff. (to use SIPRI's estimate for those items, as per their old reports)
So now we're at 2090 billion.
Costs are smaller in China so there has to be a multiplicator used. At the low end range, simple nominal to PPP GDP multiplier can be used. That's times 1.85. At the higher end of the range, actual difference in salaries can be used, between US and China. That'd amount to a few times higher salaries in the US.
Those would increase the 2090 billion to anywhere from 3865 to 6270 billion (if 3 times the salary is assumed)
At current exchange rate that's 535 to 870 billion USD.
Of course even that's not enough for a direct comparison as, beyond salaries, a dollar will still not buy the same stuff as a yuan. Some companies will simply charge more for the same stuff, because they can. There's the fact China has many more soldiers to upkeep. But at the same time, many are not on full salary but on volunteer's allowance. Too many factors are there to make a true direct comparison.
But with all being said, China's spending will likely pay for roughly similar amount of stuff as the US spending.
So now we're at 2090 billion.
Costs are smaller in China so there has to be a multiplicator used. At the low end range, simple nominal to PPP GDP multiplier can be used. That's times 1.85. At the higher end of the range, actual difference in salaries can be used, between US and China. That'd amount to a few times higher salaries in the US.
Those would increase the 2090 billion to anywhere from 3865 to 6270 billion (if 3 times the salary is assumed)
At current exchange rate that's 535 to 870 billion USD.
Of course even that's not enough for a direct comparison as, beyond salaries, a dollar will still not buy the same stuff as a yuan. Some companies will simply charge more for the same stuff, because they can. There's the fact China has many more soldiers to upkeep. But at the same time, many are not on full salary but on volunteer's allowance. Too many factors are there to make a true direct comparison.
But with all being said, China's spending will likely pay for roughly similar amount of stuff as the US spending.
Eh, I think in terms of actual stuff, China is getting more for their money (equipment, munitions etc.).
Discussion continued in a more appropriate thread.
I'm late to this short party, but only for a tiny while.
While this "leak" may be yet another ploy to fray Beijing-Moscow relations in the backdrop of the Russo-Ukraine war - Nobody should be surprised if the leaks (or anything which happens to be similar/resembling in the future) have any credibility or accuracy.
We can be idealists at times, but we must be realists at all times.
Remember that Beijing and Moscow were at each others' throats for months in 1969, and Moscow even contemplated nuking China if the skirmishes at Dongbei erupted into an all-out war between the two red giants. It wasn't until the beginning of the 1990s when both sides started to warm their bilateral relations.
And we haven't even gone into the multiple conflagrations that both Tsarist Russia and USSR had with Qing China and the ROC in the past 100+ years.
While China and Russia are back-to-back with one another today, it would be wrong to assume that this situation is set in stone until the end of time, especially considering how both Russia and China got their massive territories over the past hundred of years.
If anything, we should understand that Beijing certainly will have/already have wargamed and planned for any possibility of conflict or war with Russia (in terms of conventional war and also nuclear strikes against Russia), just as how Moscow would've done the same WRT any possibility of conflict or war with China. We just don't see them surfacing in the public discourse, mostly due to the present geopolitical and political-economic-societal developments and realities between both countries.
One golden rule - There are neither eternal friends nor eternal enemies, only eternal interests.
I'm late to this short party, but only for a tiny while.
While this "leak" may be yet another ploy to fray Beijing-Moscow relations in the backdrop of the Russo-Ukraine war - Nobody should be surprised if the leaks (or anything which happens to be similar/resembling in the future) have any credibility or accuracy.
We can be idealists at times, but we must be realists at all times.
Remember that Beijing and Moscow were at each others' throats for months in 1969, and Moscow even contemplated nuking China if the skirmishes at Dongbei erupted into an all-out war between the two red giants. It wasn't until the beginning of the 1990s when both sides started to warm their bilateral relations.
And we haven't even gone into the multiple conflagrations that both Tsarist Russia and USSR had with Qing China and the ROC in the past 100+ years.
While China and Russia are back-to-back with one another today, it would be wrong to assume that this situation is set in stone until the end of time, especially considering how both Russia and China got their massive territories over the past hundred of years.
If anything, we should understand that Beijing certainly will have/already have wargamed and planned for any possibility of conflict or war with Russia (in terms of conventional war and also nuclear strikes against Russia), just as how Moscow would've done the same WRT any possibility of conflict or war with China. We just don't see them surfacing in the public discourse, mostly due to the present geopolitical and political-economic-societal developments and realities between both countries.
One golden rule - There are neither eternal friends nor eternal enemies, only eternal interests.
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