How Does China’s Defense Spending Really Stack Up?

How Does China’s Defense Spending Really Stack Up?
(AP Photo/Ng Han Guan)

The Chinese military’s rapid expansion and modernization efforts in recent years are certainly expensive, but somehow, China claims to devote less than a third of America’s defense budget to their own military endeavors.

In 2020, China’s Defense budget was a claimed 1.268 trillion yuan, or about $196 billion. America’s, on the other hand, was a hearty $778 billion.

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