Beijing’s military expenditures are lower than Washington’s and the Chinese economy is not threatened by overstrain due to the arms race, Vasily Kashin, a senior research fellow at the Institute of China and Modern Asia of the Russian Academy of Sciences, told NEWS.ru. Earlier, Foreign Affairs reported that China had overtaken the United States in the production of military products.
According to the expert, the Chinese manufacturing industry already surpasses not just the American one, but the American and Japanese ones combined.
With such a huge base, the Chinese can increase production without much effort, Kashin concluded.
Earlier, Foreign Affairs reported that the United States has seriously lagged behind China in the military-industrial complex, while the Chinese defense industry is growing rapidly, despite China’s economic problems.
It is noted that China has caught up with the United States in arms production, but left them far behind in shipbuilding. Thus, Chinese production capacity in this industry is 230 times greater than the American one, the American publication writes: China has produced over 400 new fighters and 20 large warships, and has also approximately doubled its stockpile of nuclear warheads and missiles from 2021 to early 2024.