China is the world’s second largest arms producer, but the ability of its arms industry to domestically develop certain advanced weapon systems is still growing. If China can successfully strengthen its defense industry, it can reduce its reliance on foreign technologies and establish itself as a global leader in cutting-edge military capabilities.
Keyword:military spending
What Does China Really Spend on its Military?
China’s military budget provides insight into its expanding military capabilities. In terms of gauging relative military strength, defense budgets can be compared between countries and over a set period of time to assess overall trends.