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Showing posts from November, 2015
China leads the world in Secret Military spending, according to a recent report. By Secret Military spending I mean that there is no meaningful details are  released either to the public or parliament. This leads to corruption in China and mistrust in the Asia-Pacific region that could even go on to destabilize the area. Not only this, off-the-books spending in China could be as high as 50% of China’s official defense expenditure which is about $65 billion. To me it was no surprise, but I am happy to know that such news has started to get published. Nations like Russia and China are far more powerful than they would appear just by looking at the numbers, not only because personnel and purchasing are much cheaper in those nations, but because they under-report their defense spending far more than most democratic nations do.