925boy
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With regards to Russia's long term defense spending lagging behind CHina and US, you are correct, but when you talk about current military capabilities, 1st country US congress cites as the biggest military threat to US is RUSSIA.Russian navy & air force are now very obsolete; its current warships and aircrafts are still 1970s and 1980s soviet era design and russia don't have money to replace them all; it has already decommissioned most and partially upgraded only small scale of the remaining capable fleet; since 1990s russia has newly commissioned only few small combatants (frigates and corvettes) and SSNs meanwhile, it seems that russia hopes to continute to receive Indian money in order to offset the serious lack of its defence budget, while India now wants to buy weapons not only from russia but from US; currently russia strongly threatens that it would sell its weapons to pakistan if India no longer buy weapons from russia eventually russia has very small size of its economy and therefore it couldn't possibly have enough defence budget to compete against US or China; on the other hand, US and China have enormously invested their defence industry every year (at least hundred billions of dollars); as long as russian economy stays as today, russian defence industay and techniques keep falling much behind and have no future NO choice !!!
I believe this is because Russia is more advanced in weapons design and warfare information and organization(is this called "Order of battle"?). Im not a military expert but all im trying to say is that even if China has more money for defense, China still isnt ahead of Russia in weapons technology, design and war management systems and methods. Even CHina's best systems now are either from stolen US designs or improvements to /reverse engineering Russian systems.