Posted inBeijing, China

China’s rapid military buildup is slowing down

It’s defense budget season for the world’s major powers. This week, US President Donald Trump presented his request for military spending for fiscal year 2020, an unprecedented US$750 billion, including a whopping $174 billion slush fund known as the “overseas contingency operations” account (see my last column, Trump’s slush-fund defense budget). Now China has released […]