Former CWP Fellow Writes on China's Defense Spending Dilemma in the Wall Street Journal
Former Fellow Andrew Erickson, in his article "China’s Defense Spending Dilemma," China’s always-controversial defense budget announcement will attract particular notice this year. He states that
While the U.S. implements potentially dramatic cuts to its defense spending growth, China is robustly increasing its military spending, which is officially set to grow at a clip of 11.2% to 670.2 billion RMB ($106.4 billion) in 2012. (This figure does not cover all of China’s defense-related spending, but then no nation’s defense budget does —including that of the U.S.) Defense dollars (or yuan) can be spent in many ways, though budget cuts are typically not an effective way to increase military power or credibility with potential adversaries. Beijing appears well aware of this reality.