China's Defense Budget Is Much Bigger Than It Looks (2023)
(foreignpolicy.com)
U.S. Sen. Dan Sullivan recently revealed that U.S. government estimates put the Chinese annual defense budget at around $700 billion. That is far higher than previous estimates and almost on par with the United States’ 2023 defense budget of just over $800 billion.
U.S. Sen. Dan Sullivan recently revealed that U.S. government estimates put the Chinese annual defense budget at around $700 billion. That is far higher than previous estimates and almost on par with the United States’ 2023 defense budget of just over $800 billion.