Procurement: June 4, 2004

Archives

Chinese defense spending was estimated (by the U.S. Department of Defense ) to have gone up seven percent in 2003. The exact size of the Chinese defense budget is hidden by government accounting practices that hide military expenses in many different parts of the government budget. But American defense analysts estimate that current Chinese defense spending is somewhere between $50-70 billion. This puts it third, world wide, behind the United States at over $400 billion, and Russia, at $70-80 billion. China has been spending a lot of money on buying high tech weapons and military technology from Russia. In 2003, China spent a billion dollars to buy 24 Su-30 warplanes, the most advanced military aircraft Russia produces. China also spent $500 million on Russian SA-20 Surface-to-Air missiles, radars and related equipment. China is spending a lot of money trying to develop its own advanced military technology for tanks, warships and aircraft. China has also invested heavily in military satellites, putting two spy satellites in orbit last year. If China continues spending at this rate, they will a major military power in 10-15 years. China has carefully studied American experience with high tech weapons and equipment, as well as the innovative U.S. training methods. China is trying to replicate all of this, as well as coming up with effective countermeasures to American military advantages.

 


Article Archive

Procurement: Current 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 


X

ad
0
20

Help Keep Us Soaring

We need your help! Our subscription base has slowly been dwindling. We need your help in reversing that trend. We would like to add 20 new subscribers this month.

Each month we count on your subscriptions or contributions. You can support us in the following ways:

  1. Make sure you spread the word about us. Two ways to do that are to like us on Facebook and follow us on Twitter.
  2. Subscribe to our daily newsletter. We’ll send the news to your email box, and you don’t have to come to the site unless you want to read columns or see photos.
  3. You can contribute to the health of StrategyPage. A contribution is not a donation that you can deduct at tax time, but a form of crowdfunding. We store none of your information when you contribute..
Subscribe   Contribute   Close