However, its less the size of China’s defense budget than its composition that alarms beyond its borders. China’s military spending privileges the navy, air force and strategic nuclear forces—instruments of advanced power projection—rather than traditional defensive capabilities. No Chinese leader has yet explained how these capabilities contribute to China’s peaceful rise”. — Daniel Twining, Washington, USA.
Introductory Observations
China’s Defence Budget 2012 announced in the first week of March 2012 significantly draws global and regional attention in that China has shot through its defence expenditure over the $ 100 billion mark, making China’s military expenditure at the global level, second only to that of the United States, even though there exists a wide differential between the two.
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