Defense Spending
Ensuring US Military Readiness in the Indo-Pacific
Eyck Freymann and Harry Halem argue that the United States can sustain conventional deterrence against China into the 2030s through targeted investments in logistics and the industrial base. They join our editors to discuss why a holistic view of the military…
The Arsenal of Democracy: Keeping China Deterred in an Age of Hard Choices
The margin of deterrence against China is rapidly shrinking, driven not by a failure of US technological innovation, but by the American and allied defense industrial base’s inability to field and sustain cutting-edge capabilities at scale, at speed, and…
Estimating China’s Defense Spending: How to Get It Wrong (and Right)
China’s defense spending is opaque, and China spends more on defense than its official 2024 defense budget of 1.67 trillion yuan ($232 billion) indicates. Some analysts claim China’s defense spending is equivalent to $700 billion, approaching the level of…