China’s skyrocketing spend on war

                 Beijing's surging armed forces expenditure


In the last five years, China's military spending has skyrocketed by 43% in real terms. Although its economy is slowing down, the defense budget is projected to grow to a bumper $255 billion (£199bn) by 2020. Here's the lowdown on the emerging superpower's epic spending spree over the past two decades.


                                          Tight budget


In 2000, China's military budget was smaller than Taiwan's, with the nation's spend capped at $14.6 billion (£11.39bn).

                                    Spending bonanza


The People's Republic kicked off its military spending bonanza in 2000 when it increased the defense budget for the following year by a whopping 17.7%, from 1.8% to 2.1% of total GDP.

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