Can China Afford an Arms Race?

Can China Afford an Arms Race?
Military vehicles carrying hypersonic DF-17 missiles travel past Tiananmen Square during a military parade in Beijing, China, on Oct. 1, 2019. Jason Lee/Reuters
Antonio Graceffo
Updated:
News Analysis

China and the United States are in a techno-arms race, which is incredibly expensive, and extends far beyond the cost of ships, planes, and missiles.

Antonio Graceffo
Antonio Graceffo
Author
Antonio Graceffo, Ph.D., is a China economy analyst who has spent more than 20 years in Asia. Graceffo is a graduate of the Shanghai University of Sport, holds an MBA from Shanghai Jiaotong University, and studied national security at American Military University.
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