{"id":111006,"date":"2017-11-30T10:49:00","date_gmt":"2017-11-30T10:49:00","guid":{"rendered":""},"modified":"2023-01-08T11:06:00","modified_gmt":"2023-01-08T11:06:00","slug":"china-military-expenditure","status":"publish","type":"post","link":"https:\/\/cvnextjob.com\/index.php\/2017\/11\/30\/china-military-expenditure\/","title":{"rendered":"China&#39;s military expenditure"},"content":{"rendered":"<div style=\"margin-top: 0px; margin-bottom: 0px;\" class=\"sharethis-inline-share-buttons\" ><\/div><h3 class=\"post-title entry-title\" itemprop=\"name\"><\/h3>\n<div class=\"post-header\"> <\/div>\n<p>China&#8217;s annual announcement of its military expenditure is often met  with a lot of alarm.  The question has often been why China needs to be  constantly increasing its military expenditure so much.  Here is a chart  showing China&#8217;s military expenditure vs treasury income vs GDP from  1999 to 2013.<\/p>\n<p><img decoding=\"async\" src=\"http:\/\/s30.postimg.org\/im140xew1\/Military_Expenditure_Historical_Chart.jpg\" width=\"500\" \/><\/p>\n<p>Over this period, the military expenditure has generally been between  1.2% to 1.5% of the GDP and 9.5% to 5.5% of the treasury income.  so in  real RMB terms, military expenditure has not gone up as a percentage of  GDP.  In comparison to the treasury income, military expenditure has  decreased a lot due to improved tax collection in China.  The question  is why the military expenditure has remained steady when the reported  year to year increased is greater than GDP growth.  The answer seems to  be that GDP is inflation adjusted whereas military expenditure is not.   There are 3 other charts similar to this which shows military  expenditures going back to 1950.  Seems like China maintained higher  military expenditure % (4.5% to 9%) up until when Deng Xiaoping took  over in 1978.  After which, PLA saw its spending vs GDP drop all the way  to 1% in the mid 90s.  Now, China&#8217;s definition of military expenditure  can be different from that of the west, so there is no reason to compare  China to Japan or US here.  The important take away here is that China  is not in any kind of expansion mode when it comes to military  expenditure.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>China&#8217;s annual announcement of its military expenditure is often met with a lot of alarm. The question has often been why China needs to be constantly increasing its military expenditure so much. Here is a chart showing China&#8217;s military expenditure vs treasury income vs GDP from 1999 to 2013. Over this period, the military expenditure [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/cvnextjob.com\/index.php\/wp-json\/wp\/v2\/posts\/111006"}],"collection":[{"href":"https:\/\/cvnextjob.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cvnextjob.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cvnextjob.com\/index.php\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/cvnextjob.com\/index.php\/wp-json\/wp\/v2\/comments?post=111006"}],"version-history":[{"count":0,"href":"https:\/\/cvnextjob.com\/index.php\/wp-json\/wp\/v2\/posts\/111006\/revisions"}],"wp:attachment":[{"href":"https:\/\/cvnextjob.com\/index.php\/wp-json\/wp\/v2\/media?parent=111006"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cvnextjob.com\/index.php\/wp-json\/wp\/v2\/categories?post=111006"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cvnextjob.com\/index.php\/wp-json\/wp\/v2\/tags?post=111006"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}