Troubling News from the East
http://www.businessinsider.com/chinese-military-spending-2011-3
It seems each week delivers more troubling news about China. It was recently reported that China plans to increase its military budget by 12.7%. Granted the U.S. still spends about twice what China does, but remember that China's economy is growing at an annual rate of 8 to 10% while the U.S. is hovering in the anemic 2 to 3% range. Many analysts project China will surpass the U.S. as the world's largest economy in the next ten ye...
It seems each week delivers more troubling news about China. It was recently reported that China plans to increase its military budget by 12.7%. Granted the U.S. still spends about twice what China does, but remember that China's economy is growing at an annual rate of 8 to 10% while the U.S. is hovering in the anemic 2 to 3% range. Many analysts project China will surpass the U.S. as the world's largest economy in the next ten ye...
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