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03-04-2012, 05:17 AM
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#1
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 Green Belt
Join Date: Jul 2011
Posts: 1,320
vCash: 500
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China moving like a freight train
Credit to the source
China boosts military spending - Asia-Pacific - Al Jazeera English
Quote:
China*has announced*that it*will boost military spending by 11.2 per cent this year, in a move likely to cause concern about Beijing's rapid military build-up and*stoke*regional tensions.
The increase was announced on Sunday*by Li Zhaoxing, the spokesman for China's parliament, and will bring official spending on the People's Liberation Army to 670.3bn yuan ($110bn) for 2012, after a 12.7 per cent increase last year and a nearly*consistent series of double-digit rises across two decades.
"China's limited military power is for the sake of preserving national sovereignty, security, and territorial integrity"
- Li Zhaoxing,
Chinese parliamentary spokesman
China's*public budget is widely thought by foreign experts to undercount its real spending on military modernisation, which has unnerved Asian neighbours and drawn repeated calls from the US for China to share more about its intentions.
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03-04-2012, 05:19 AM
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#2
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 Silver Belt
Join Date: Aug 2010
Location: Dallas tx
Posts: 10,493
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Not a threat and not a problem, Chinese military spending over hyped yet again
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Member of Sherdog Team 6/ Operation Kill toilet Tarantula Hawk Veteran
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03-04-2012, 05:21 AM
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#3
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 Purple Belt
Join Date: Feb 2006
Posts: 1,728
vCash: 500
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US still spends more on military than the next several nations combined.
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03-04-2012, 05:26 AM
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#5
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Green Belt
Join Date: Jul 2011
Posts: 1,320
vCash: 500
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If it keeps increasing double digits every year...
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03-04-2012, 05:51 AM
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#6
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В гостя́х хорошо́, а до́ма лу́чше
Join Date: Aug 2009
Location: Canada, the best part of North America
Posts: 1,268
vCash: 500
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Today India, tomorrow the world! On a serious note.. I do not care.
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03-04-2012, 06:23 AM
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#7
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 Gold Belt
Join Date: May 2005
Location: In Murland, part o' Murica
Posts: 18,143
vCash: 500
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Quote:
Originally Posted by GhostZ06
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Sounds like the start of an Asian arms race imho. Be a dick measuring contest. Prolly see a whole bunch of over sized ships and carriers being built in the near future too.
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Benzine87-Fedor is the only man capable of cutting don fryes moustache
If WWII was a fashion show we'd be speaking German
WINTER IS COMING
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03-04-2012, 06:25 AM
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#8
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Gold Belt
Join Date: May 2005
Location: In Murland, part o' Murica
Posts: 18,143
vCash: 500
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Quote:
Originally Posted by Ishaq
If it keeps increasing double digits every year...
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It's starting to look a lot like pre WWI Europe. Though with nukes, that changes how you can go about warring. Be interesting to see how this goes down.
__________________
Benzine87-Fedor is the only man capable of cutting don fryes moustache
If WWII was a fashion show we'd be speaking German
WINTER IS COMING
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03-04-2012, 07:17 AM
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#9
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Green Belt
Join Date: Jun 2010
Posts: 1,324
vCash: 500
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China is also wasting money on building ghost cities. They are in an economic boom, so them spending money is no surprise.
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03-04-2012, 07:32 AM
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#10
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Purple Belt
Join Date: Oct 2006
Location: 上海|Sauna Inferno
Posts: 2,237
vCash: 465
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Bah gawd! Assuming we dont increase our defence spending at all and they continue with double digit growth they'll catch us in some 15-20 years!
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