Bold Projections Taken Out of Context Overstate China’s Leeway for Military Budget Growth
Mar 17, 2013 17:00 UTCThe UK’s long-established International Institute of Strategic Studies (IISS) recently published a Military Balance 2013 report which makes some reasonable observations about the current state of global affairs, but unquestioning media parroting of some of its talking points invites more scrutiny. Namely, one of the report’s charts puts Chinese defense spending possibly above the US within a dozen years, and continues to project current spending trends until 2050, in current dollars, with today’s exchange rates. Unfortunately, if this is taken at face value as a prediction, it’s misleading and pointless…




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