December 22, 2015
China's ‘War by Algebra' Strategy to Bury America

by Peter Navarro

Over the course of the 2016 presidential debate, the argument that "America vastly outspends China" will likely be used to discount any possibility of an emerging China threat. In fact, it is an argument with considerable statistical appeal.

Consider that while China's reported annual military expenditures are rapidly heading beyond $200 billion, the United States still spends more than three times that. Moreover, China's military spending consumes only about 2 percent of its gross domestic product annually while the U.S. number is closer to 4 percent.

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