Projects future growth in Chinese defense expenditures, evaluates
the current and likely future capabilities of China's defense
industries, and compares likely future defense expenditure levels
with recent expenditures by the United States and the U.S. Air
Force. Projects future growth in Chinese government expenditures as
a whole and on defense in particular, evaluates the current and
likely future capabilities of China's defense industries, and
compares likely future expenditure levels with recent defense
expenditures by the United States and the U.S. Air Force. The
authors forecast that Chinese military spending is likely to rise
from an estimated $69 billion in 2003 to $185 billion by
2025-approximately 61 percent of what the Department of Defense
spent in 2003.
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