Sourced: Asia Times
By William Holland
An annual assessment of global military capabilities and defense economics has been released by the UK-based International Institute for Strategic Studies. Titled “The Military Balance,” it provides government leaders with sound analysis regarding contemporary spending trends on military capabilities.
This year’s report startled many in the US defense establishment, for it details the extraordinary depth of global redundancy in Beijing’s defense procurement. The report is a benchmark upon which Washington views its own capability requirements. What the report reveals is stark: Beijing’s reach is global, while America’s remains parochial.
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