Genesis
SENIOR MEMBER
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- Mar 26, 2013
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For all that's said about China being the threat, no transparency, and aggressive military expansion, Iooked at the numbers carefully and this is what came up.
Using purely Chinese numbers, I mean in yuan, which makes sense since foreign purchases has been negligible more or less these past few years, and most weapons are developed, made and used domestically.
Last year Chinese GDP was 56.9 Trillion Yuan, the spending announced was 800 Billion Yuan. Now if you know how to do simple math you would know the number is 1.4% of the GDP, down from the previous ~2%.
Now let's put this in perspective. I won't say US, because they are in a war, and thus expenses must account for those too. Also don't mention "fake" budget, Americans also increase budget here and there through out the year, so in the end, it's not their announced budget anyways.
This 1.4% is incredibly low compared to other countries, so the question to me isn't why is China spending on defense, but why are all of you spending so much!?
But of course this is never the news story is it.....It's not sexy.
Using purely Chinese numbers, I mean in yuan, which makes sense since foreign purchases has been negligible more or less these past few years, and most weapons are developed, made and used domestically.
Last year Chinese GDP was 56.9 Trillion Yuan, the spending announced was 800 Billion Yuan. Now if you know how to do simple math you would know the number is 1.4% of the GDP, down from the previous ~2%.
Now let's put this in perspective. I won't say US, because they are in a war, and thus expenses must account for those too. Also don't mention "fake" budget, Americans also increase budget here and there through out the year, so in the end, it's not their announced budget anyways.
This 1.4% is incredibly low compared to other countries, so the question to me isn't why is China spending on defense, but why are all of you spending so much!?
But of course this is never the news story is it.....It's not sexy.