TAIPEI, Taiwan (AP) — China announced a 7.2% increase in its defense budget this year, spending approximately $245 billion. This move is part of China’s ongoing effort to modernize its military, enhance its capabilities, and assert its territorial claims, especially in Asia.
With this budget, China remains the second-largest military spender in the world, trailing only the U.S. The country possesses the largest navy globally and is investing heavily in advanced military technologies, such as stealth fighters and aircraft carriers. Some estimates suggest that China’s actual defense spending may be up to 40% higher when including various hidden costs.
This increase in military expenditure echoes ongoing tensions with the U.S., Taiwan, Japan, and other neighboring countries with conflicting territorial claims in the South China Sea. Some experts note that the current budget reflects a cautious approach, as China’s economy continues to slow down, with government growth targets set at around 5% for this year.
The Chinese government attributes its military spending mainly to the need for better training, maintaining current equipment, and improving the lives of its 2 million military personnel. However, the primary objective of the People’s Liberation Army (PLA) is to assert control over Taiwan, a democratic island that China regards as part of its territory.
Recently, China deployed five aircraft and seven ships near Taiwan, continuing a pattern of military activity aimed at testing and wearing down Taiwan’s defenses. The Taiwanese military has recently strengthened its capabilities with upgraded U.S. equipment, including F-16 jets and various missiles.
At the annual National People’s Congress, Premier Li Qiang reaffirmed China’s preference for a peaceful resolution regarding Taiwan but stated a strong opposition to those advocating for Taiwan’s independence. He emphasized the need for unity among Chinese people to achieve national rejuvenation.
As China navigates economic challenges, experts suggest that it may prioritize military objectives over social and economic reforms. According to Antonia Hmaidi, a senior analyst, these resources are deemed crucial for advancing China’s military modernization and technology development goals.
President Xi Jinping has pushed for significant reforms within the military, including the removal of several high-ranking officials. However, whether these changes will diminish the military’s influence remains uncertain. Chinese state media touted the government’s ability to keep defense spending below 1.5% of GDP over the past decade, while also criticizing U.S. spending levels.
Officials claim that China’s development will contribute to global peace and that the country does not seek hegemony or expansionism, portraying its military growth as defensive. Despite these claims, the U.S. Defense Department’s reports have highlighted China’s increasing ambitions, noting the PLA’s focus on projecting power beyond its borders.
Overall, this increase in military spending comes amid significant geopolitical tensions, with China aiming to bolster its defenses and assert its influence in the region.
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