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Now I do notice that the Chinese govenment actually make less noice than PLA. Looks like the PLA is playing the same game as the US military (lobby for money from US congress), trying to get more budget funds by citing threat to China, using the same scaring tactic.
They may be trying to get hold of some of the large foreign exchange to fund future weapon development, after all if US dollar depreciate against RMB, future value of Chinese investment in US debts will decrease with time.
Yeah. When the 2010 military budget was announced everyone seemed to think the unexpected slowdown in budget growth was about projecting an image of 'peaceful rise' or even about the financial crisis. But maybe, just maybe, the government was trying to tell PLA to 'know its place'? And now PLA is on a counterattack to secure a major budget increase next year.