China’s defense spending will expand by 10.7 percent this year, reaching an official figure of $115.7 billion in 2013. The Pentagon adjusts China’s military budget to about $130-190 billion (an average of $160 billion).
In 2010, Nextbigfuture had a similar projection of China’s future defense spending
Estimate of Defense Budgets for China and the USA in Billions
Nextbigfuture has also looked closely at China’s procurement plans for major military systems
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Brian Wang is a Futurist Thought Leader and a popular Science blogger with 1 million readers per month. His blog Nextbigfuture.com is ranked #1 Science News Blog. It covers many disruptive technology and trends including Space, Robotics, Artificial Intelligence, Medicine, Anti-aging Biotechnology, and Nanotechnology.
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