Who spends more? The debate over military budgets in the US and China
In essence, the CIA was using what today we would call PPP to compare the budgets of the two superpowers, a concept that Bill Greenwalt […]
SIPRI
The debate over how Chinese military expenditures should be normalized to dollars
The American defense budget is still over 2.5 times larger than Beijing’s, but China has steadily been closing the gap. Moreover, China faces much lower […]
Update on size of Chinese military spending
Whenever I or someone else suggest that we need higher defense spending, there is an incredulous response from critics: US military spending equals the outlays […]