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"it is spending about $700 billion" Where is the number from? Stockholm International Peace Research Institute estimates China's military expenditure in 2022 t
by Gathering6678 2y ago
"it is spending about $700 billion"
Where is the number from? Stockholm International Peace Research Institute estimates China's military expenditure in 2022 to be $292.0 billion, trailing $877.0 billion of US. (source: [Wikipedia](https://en.wikipedia.org/wiki/Military_budget_of_China https://en.wikipedia.org/wiki/Military_budget_of_China))
There are not a lot more numbers (let alone numbers with sources) in the article. China has a lot of EV batteries because it is leading in promoting EV usage. It stockpiles a lot of agricultural products because, well, there are a lot of mouths to feed.
- aaron695 2y ago[dead]
- csomar 2y agoThe $700bn seems to be adjusted for power purchase parity.
- woooooo 2y agoOnce you realize the goal of these articles is to funnel US money into defense spending, they make a lot more sense.
- more_corn 2y agoI think the author genuinely thinks that China plans to invade Taiwan in 2027 (since they’ve said that) and if so the current massive buildup in commodities stocks are preparation for the invasion.
- woooooo 2y agoThere's an interesting good faith discussion in handicapping that possibility. It sounds crazy, but so did Ukraine, and Xi has done some crazy stuff lately. I'm saying that articles like this aren't in good faith. More fear = more funding. It doesn't matter what the author believes, they can always find a different author.