China’s Hidden Defense Budget

China’s Hidden Defense Budget
Chinese leader Xi Jinping (standing in vehicle) inspects People's Liberation Army (PLA) soldiers at a military base in Hong Kong on June 30, 2017. Dale de la Rey/AFP via Getty Images
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Commentary

China’s military spending is larger than believed; Senate Minority Leader Mitch McConnell (R-Ky.) recently called for increasing the U.S. defense budget.

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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