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Growing Chinese Military Spending

In the last decade, Beijing’s self-reported defense budget has more than doubled. China also now boasts the largest navy in the world, alongside the biggest coast guard and maritime militia. It has the globe’s biggest army and sub-strategic missile force to boot. Many experts believe China’s public defense budget does not include other military relevant expenses such as space activities, construction, and research. China’s state-sanctioned practice of military-civil fusion further blurs the lines between military and commercial investments. Is China likely to overtake US in Military capabilities ?

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