China’s military rise: Comparative military spending in China and the US
The US views China’s military rise as a strategic challenge, prompting ‘decoupling’, new defence alliances, and calls for greater defence spending (RAND 2024, Freund et al. 2023, Bosone et al. 2024). However, claims over the size of China’s real military spending relative to the US are contested and range widely from around one quarter of…