You are here

China's military spends hundreds of millions of dollars

June 12, 2007
Print

ON AN AVERAGE DAY in China hundreds of millions of dollars are spent on China’s military. According to the Chinese government, China will spend $45 billion (US$123,287,671 a day) on defense in 2007. The U.S. Defense Intelligence Agency believes that Chinese spending is significantly higher. The DIA believes that Chinese defense spending is between US$85 billion (US$232,876,712 a day) and US$125 billion (US$342,465,753 a day).

If Pentagon estimates are correct, China has the world’s second largest defense budget. Still its spending is dwarfed by that of the U.S. U.S. spending in 2007 will amount to $606 billion (including $170 billion in war spending). This averages $1,660,273,973 a day or more than four times the DIA's "high" estimate of Chinese expenditure.

Sources:
Peter Spiegel, “Pentagon says China is increasingly influenced by oil,” Los Angeles Times, May 26, 2007.

U.S. Department of Defense, Military Power of the People’s Republic of China, 2007, May 2007.

[Clayton Dube, USC U.S.-China Institute]

Print

Events

March 23, 2017 - 4:00pm
Los Angeles, California

Please join the USC U.S.-China Institute for a book talk by Guobin Yang. The first part of the book offers a new explanation of factional violence in the Red Guard movement and the second part of the book chronicles the de-sacralization of that revolutionary culture throughout the 1970s and the rise of a new wave of protest that inaugurated the democratic movements of the reform era.

April 6, 2017 - 4:00pm
Los Angeles, California

The USC U.S.-China Institute presents a talk by USC Professor Emerita Charlotte Furth on her adventures in Beijing teaching young Chinese scholars about America.