by Editorial Staff | Mar 5, 2012 | Brazil, Budgets, China, Daily Rapid Fire, Food-related, Issues - Political, Legal, Logistics, Logistics Innovations, USA
* China is officially announcing that its 2012 budget is increasing by 11.2% to about $106B. It is broadly agreed that this significantly understates total military spending. After about 25 years of double-digit growth China is now clearly the second biggest defense...