* Russia announced their ten-year military hardware spending plan which was flat spending through 2027.
* Stockholm International Peace Research Institute (SIPRI) is an international institute based in Sweden, dedicated to research into conflict, armaments, arms control and disarmament. They provide annual estimates of military spending and have projected military spending
* The International Institute for Strategic Studies, IISS, is a global think tank researching political and military conflict.
China is expected to grow its military hardware spending by about 5% per year and the USA at about 1-2% per year.
By 2025, China will grow from double Russia’s military hardware spending to triple and from less than half the US level to 60%.
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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