{"id":5397,"date":"2024-03-28T19:16:42","date_gmt":"2024-03-28T19:16:42","guid":{"rendered":"https:\/\/geopoliticalcompass.com\/?p=5397"},"modified":"2024-03-28T19:18:20","modified_gmt":"2024-03-28T19:18:20","slug":"a-new-estimate-of-chinas-military-expenditure","status":"publish","type":"post","link":"https:\/\/geopoliticalcompass.com\/?p=5397","title":{"rendered":"A New Estimate of China\u2019s Military Expenditure"},"content":{"rendered":"\t\t
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Authors:<\/b> Dr. Nan Tian<\/span><\/a> and <\/span>Fei Su<\/span><\/a><\/p>

Affiliation: <\/b>SIPRI<\/span><\/p>

Organization\/Publisher: <\/b>Stockholm International Peace Research Institute<\/span><\/a><\/p>

Date\/Place:<\/b> January 2021\/Stockholm, Sweden<\/span><\/p>

Type of Literature:<\/b> Report<\/span><\/p>

Number of Pages:<\/b> 38<\/span><\/p>

Link:<\/b> https:\/\/sipri.org\/publications\/2021\/other-publications\/new-estimate-chinas-military-expenditure<\/span><\/a><\/p>

Keywords:<\/b> China, Security, Defense, Budget, Arms Race, Military expenditure, SIPRI<\/span><\/i><\/p>

Brief:<\/b><\/p>

China is the world\u2019s second-largest economy and also is second in most military expenditures, only after the US. However, mostly Western critics have alleged that Beijing is not transparent in its defense dealings. It has not been revealing the real figures, they claim. In 2019, China\u2019s official estimates show it spent $175 billion on its defense. This paper estimates China\u2019s military expenditures using SIPRI\u2019s own methodology. \u201cChina\u2019s limited transparency in military affairs has led many to question the accuracy and credibility of its official national defense budget,\u201d the paper notes. It asserts the need to review the defense figures of China\u2019s defense industry because the country\u2019s economic, defense and security policies have \u201ccontinued to change at a dramatic pace.\u201d This report finds ten possible additional components \u201coutside the official national defense budget.\u201d It estimates Chinese military expenditures in 2019 at $240 billion \u2013 equal to 1.7% of its GDP; however, it is down from 1.9% under the old estimate by SIPRI. The paper notes that the gap between the official Chinese national defense budget and the spending estimates made by the US Department of Defense is \u201calso decreasing meaning a growing share of China\u2019s spending on military activities is now in the official national defense budget.\u201d The authors insist on \u201ccontinuous monitoring and assessment\u201d of the country\u2019s military spending. \u201cChanges in defense and economic policies can have a significant effect on military activities and how they are accounted for,\u201d they noted. The paper says changes in policies are reflected in how the budget is spent, and items which are considered \u201cextra-budgetary\u201d in the past can be important in a new set up. It also refers to using Chinese-language sources which provide \u201cimportant insight into known and unknown possible military activities.\u201d<\/span><\/p>

\u00a0<\/p>

By:<\/b> Riyaz ul Khaliq, Non-Resident CIGA Research Associate<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"

Authors: Dr. Nan Tian and Fei Su Affiliation: SIPRI Organization\/Publisher: Stockholm International Peace Research Institute Date\/Place: January 2021\/Stockholm, Sweden Type of Literature: Report Number of Pages: 38 Link: https:\/\/sipri.org\/publications\/2021\/other-publications\/new-estimate-chinas-military-expenditure Keywords: China, Security, Defense, Budget, Arms Race, Military expenditure, SIPRI Brief: China is the world\u2019s second-largest economy and also is second in most military expenditures, only 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