China's Defense Spending Thread

Anlsvrthng

Captain
Registered Member
Further, because China makes the overwhelming majority of weapons domestically, when the Chinese government spend on defence, it’s largely having a similar effect as government stimulus spending, or even infrastructure spending.
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If you have to make a choice to have unemployed OR use the unemployed to make anything , but preferably same hight tech thingy then the second is the best option: )

This was the strategy of Germany in the 30s, and this pulled out the US from the great depression during the secodn world war.
 

hkbc

Junior Member
If you have to make a choice to have unemployed OR use the unemployed to make anything , but preferably same hight tech thingy then the second is the best option: )

This was the strategy of Germany in the 30s, and this pulled out the US from the great depression during the secodn world war.

Here we go again with the nonsense!

I believe the point is RMB spent by China on it's military is largely (Su-35 purchases aside) spent in China rather than going abroad c.f. what happens in say Saudi Arabia where practically all their military capital expenditure leaves the country. Has nothing to do with how Germany ran their barter economy or the New Deal in the US!

BTW "Germany in 30s" isn't fooling any one, just keep up with the subliminal comparisons and see if you don't get banned again!
 

Totoro

Major
VIP Professional
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Chinese defense spending is to increase to 1.19 trillion Yuan in 2019. A 7.5% increase over the 2018 figure of 1.11 trillion Yuan. Last several years have seen budget increases in the 7-8 percent range.
 

vincent

Grumpy Old Man
Staff member
Moderator - World Affairs
If you have to make a choice to have unemployed OR use the unemployed to make anything , but preferably same hight tech thingy then the second is the best option: )

This was the strategy of Germany in the 30s, and this pulled out the US from the great depression during the secodn world war.
@Deino
He's trying to equate China with Nazi Germany again
 
now noticed the tweet
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Le budget militaire de la Chine augmentera de 7,5% en 2019, pour atteindre 177,49 Md USD, contre 8,1% l’an dernier. La croissance de la PIB est tablée entre 6 et 6,5%.

Translated from French by
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China's military budget will increase by 7.5% in 2019, to reach 177.49 billion USD, compared to 8.1% last year. GDP growth is tablée between 6 and 6.5%.

D05U9eGV4AAnJLt.jpg
 
now I read
China Focus: China to lower defense budget growth to 7.5 percent
Xinhua| 2019-03-05 22:48:28
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China will lower its defense budget growth rate to 7.5 percent in 2019, from last year's 8.1 percent, according to a draft budget report submitted to the annual session of the National People's Congress (NPC) Tuesday.

The 2019 defense budget will be 1.19 trillion yuan (about 177.61 billion U.S. dollars), figures from the report show.

The rate marks the fourth straight year for the budgeted growth rate remaining single digit, following five consecutive years of double-digit increases.

China's budgeted defense spending growth rate stood at 8.1 percent in 2018, 7 percent in 2017, and 7.6 percent in 2016.

"The Chinese government has always paid attention to controlling the scale of defense expenditure," said He Lei, former deputy head of the Academy of Military Sciences.

Describing China's defense budget increase as reasonable and appropriate, Zhang Yesui, spokesperson for the legislative session, said the rise aimed to "meet the country's demand in safeguarding national security and military reform with Chinese characteristics."

"China's limited defense spending, which is for safeguarding its national sovereignty, security and territorial integrity, poses no threat to any other country," Zhang said at a press conference Monday.

The expenditure has been mainly used for advancing defense and military reforms, supporting military training and diverse tasks, modernizing weapons and equipment, and improving welfare of service personnel, according to He, who is also a deputy to the NPC.

"The defense budget increase is appropriate against the backdrop of profound changes in the country's overall strength, its security environment, and the global strategic situation," He said.

China's defense budget takes up a fairly small share of its GDP and national fiscal expenditure compared with other major countries, said He, noting that its military spending per capita and per soldier was also very low.

While the national defense spending in a number of major developed countries accounts for more than 2 percent of their GDP, the ratio was only about 1.3 percent for China in 2018.

The United States has increased its national defense expenditure for the fiscal year 2019 to 716 billion dollars, about four times the budget of China, the world's second largest economy.

China's military spending per capita is only about one-nineteenth of that of the United States.

"When it comes to whether a country poses a threat to other countries, the key is not that country's national strength and armed forces, but the policies it adopts," said Chen Zhou, research fellow with the Academy of Military Sciences.

"China has always been following the path of peaceful development and firmly adheres to a defense policy that is defensive in nature," Chen said, noting that China's development would not pose a threat to any other country.

He Lei highlighted China's role in providing public security goods for the international community, saying the Chinese military had actively participated in UN peacekeeping missions, maintained security of marine passages, and engaged in international rescue and security cooperation.

"The growth in China's defense spending is the growth of forces for world peace," he noted.
 

weig2000

Captain
now noticed the tweet
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Le budget militaire de la Chine augmentera de 7,5% en 2019, pour atteindre 177,49 Md USD, contre 8,1% l’an dernier. La croissance de la PIB est tablée entre 6 et 6,5%.

Translated from French by
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China's military budget will increase by 7.5% in 2019, to reach 177.49 billion USD, compared to 8.1% last year. GDP growth is tablée between 6 and 6.5%.

One thing to note: the 7.5% increase is in nominal term, not in real term. The GDP growth rate is in real term, not in nominal term. That means, apple to apple, the increase in defense spending is BELOW the growth rate of GDP, when you account for the typical 2-4% inflation (or GDP deflator). The projected 2019 defense spending is about 1.3% of the 2018 GDP.
 

Anlsvrthng

Captain
Registered Member
@Deino
He's trying to equate China with Nazi Germany again

Economic strategy doesn't belong to politics or to advertisement .

Not so many person can analyse objectively the European history between 1914 -1950, however that period is the foundation / root of the events that we experience today around the world.

We still living in the rubble of the 1st World War.
 

antiterror13

Brigadier
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Chinese defense spending is to increase to 1.19 trillion Yuan in 2019. A 7.5% increase over the 2018 figure of 1.11 trillion Yuan. Last several years have seen budget increases in the 7-8 percent range.


hmmm about only 80B Yuan extra or just ~US$12B more, slightly more than Taiwan military budget

China should increase the defence spending at least 10%, preferably 15%

Most of Chinese Defence spending items are spent domestically in Yuan ... so in real term, 1.19 T Yuan would be equal to over $300B
 
D

Deleted member 13312

Guest
Yeah and China can do that, and see itself on the same route taken by the USSR. I have no idea what is all the clamour for a sudden increase in defence budget for. It is not like the all 3 branches of the Chinese military can use up all that fund in a single year, nor could the domestic industry supply the amount of services or hardware that money would entitled.
As of now the gradual increase suits the pace of China's military growth quite fine. 12B accounts for at least 100-200 new fighters jets, a near thousand more combat vehicles, 6-10 new ships of varying size and a untold number of firearms and uniforms plus all other miscellaneous omitted here.
 
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