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China’s Defense Budget: Spending What’s Necessary to Beat the Americans

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China’s Defense Budget: Spending What’s Necessary to Beat the Americans
Chinese military vehicles carrying DF-21D anti-ship ballistic missiles, potentially capable of sinking a U.S. Nimitz-class aircraft carrier in a single strike, drive past the Tiananmen Gate during a military parade in Beijing on Sept. 3, 2015. Andy Wong/Pool/Getty Images
Grant Newsham
Updated:
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Commentary

It’s that time of year when China announces its defense budget. In 2022, defense spending is set to increase 7.1 percent (1.45 trillion yuan, or $230 billion) after 2021’s 6.8 percent rise and a 6.6 percent increase in 2020.

Grant Newsham
Grant Newsham
Author
Grant Newsham is a retired U.S. Marine officer and a former U.S. diplomat and business executive with many years in the Asia/Pacific region. He is a senior fellow with the Japan Forum for Strategic Studies (Tokyo) and Center for Security Policy and the Yorktown Institute in Washington, D.C. He is the author of the best selling book “When China Attacks: A Warning to America.”
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