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5/10/2014

Topic Reading-Vol.759-5/10/2014

Dear MEL School’s Topic Readers,
China splurging on military as US pulls back
Yet no consensus has been made as to how much China is spending on its military forces, analysts all agree that the rising power has been and will be allocating and increasing its military spending at a faster pace than any other country in the world.
Two factors need to be considered when such military expenditures are compared with western countries. The first one is fundamentals of economy such as currency exchange rate, price index, salaries and labor cost, property price and operation costs. For example, the cost to employ and deploy hundreds of thousand rank and file soldiers is significantly different between the U.S. and China. Also, China’s costs for software used in the entire military organization probably incomparably lower as they could develop software cheaply or even at free of charge by copying.
The other factor is geographical and operational challenges. While the U.S. is deploying its forces nearly all over the waters and places such as the Pacific, Atlantic and Indian oceans, the Mediterranean and Arctic seas, Europe, Australia and Asia, China’s main focus is the land borders the Pacific Ocean. Even though the U.S. allocates 60% of its naval resources in the Pacific, China can concentrate its operation solely in the region.
Enjoy reading and learning what the present situation is and thinking about what the region’s map would be like a decade or two from now.

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