China to spend more on its military than all its neighbours combined as budget doubles

Beijing’s defence budget has grown 12 per cent annually from 2000-2009, said
HIS Asia Pacific chief economist Rajiv Biswas, who helped compile the
report, which also tracks the media spend of India, South Korea, Australia,
Taiwan, Singapore, Indonesia, Pakistan, Thailand, Malaysia, Vietnam and New
Zealand.

“Beijing has been able to devote an increasingly large proportion of its
overall budget towards defence and has been steadily building up its
military capabilities for more than two decades,” said Mr Biswas.

“This will continue unless there is an economic catastrophe. Conversely,
Japan and India may have to hold back due to significant economic challenges,”
he added.

The report has been released to coincide with the arrival in the US of China’s
almost certain president-in-waiting Xi Jinping, who, as current vice
chairman, will also most likely be appointed chief of the ruling Communist
Party’s Central Military Commission by year’s end.

Mr Xi is due to visit the Pentagon during his four-day official visit.

He and other Chinese officials have expressed concern about the US decision to
refocus its military strategy in the Asia Pacific region.

Washington has pledged more troops and to expand bases in several countries,
including Australia and the Philippines – a commitment widely viewed as
containment of an ever more assertive Beijing stamping its authority over
sensitive, resource rich waters off its coast.

Beijing claims it military expansion does pose any threat to its neighbour and
repeatedly points out its defence budget is significantly lower than that of
the United States.

Last year, however, China’s internal security budget jumped past its military
spend for the first time as Beijing began cracking down on protest calls and
a sharp increase in civil disturbances, according to a report by Reuters.

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