Pentagon Report: Chinese Military Spending Exceeds $145 Billion

Image: Pentagon Report: Chinese Military Spending Exceeds $145 Billion

Friday, 06 Jun 2014 11:01 AM

 

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink
WASHINGTON — China's military spending exceeded $145 billion last year as it advanced a program modernizing an arsenal of drones, warships, jets, missiles and cyber weapons, the Pentagon said on Thursday, offering a far higher figure than Beijing's official tally.

The Pentagon's estimate, using 2013 prices and exchange rates, was 21 percent above the $119.5 billion figure announced by China. It was detailed in an annual report to Congress that cited steady progress in Chinese defense capabilities.

It acknowledged that estimating Chinese spending can be difficult, in part because of "poor accounting transparency and incomplete transition from a command economy."

China's Defense Ministry, in a statement on its website, said it was "resolutely opposed" to the Pentagon report.

"Year after year the United States issues this so-called report on 'Military and Security Developments in China,' making preposterous criticisms of China's normal defense and military building, exaggerating the 'China military threat', which is totally wrong," it said.

"As for the detailed contents of this year's U.S. report, we are currently assessing it, and will react further, depending on the situation."

The report came just days after Defense Secretary Chuck Hagel, using unusually strong language, accused Beijing of destabilizing the region in pursuit of territorial claims.

China claims almost the entire oil- and gas-rich South China Sea and dismisses competing claims from Taiwan, Brunei, Vietnam, the Philippines and Malaysia. Japan also has a territorial dispute with China over islands in the East China Sea.

The 96-page report said China was placing emphasis on preparing for potential contingencies in the South and East China Seas, noting an October drill named Maneuver 5 in the Philippine Sea.

The drill, the Pentagon said, was the largest Chinese Navy open-ocean exercise seen to date.

"China's military investments provide it with a growing ability to project power at increasingly longer ranges," the report said.

The United States last month charged five Chinese military officers and accused them of hacking into American nuclear, metal and solar companies to steal trade secrets, ratcheting up tensions between the two world powers over cyber espionage.

The Pentagon report renewed warnings over cyber intrusions.

"China is using its ... capability to support intelligence collection against the U.S. diplomatic, economic, and defense industrial base sectors that support U.S. national defense program," it said.

The Pentagon also cited advances in Chinese drone technology. It pointed to a Defense Science Board report cautioning Beijing's push "combines unlimited resources with technological awareness that might allow China to match or even outpace U.S. spending on unmanned systems in the future."

It noted that in September 2013, a "probable" Chinese drone was noted for the first time conducting reconnaissance over the East China Sea. China also unveiled details of four drones under development in 2013, including the Lijian, China's first stealth drone, it said.

© 2014 Thomson/Reuters. All rights reserved.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Country
Zip Code:
Privacy: We never share your email.
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

North Korea Warns of 'Catastrophic Consequences' Over UN Rights Ruling

Saturday, 22 Nov 2014 22:06 PM

North Korea's top military body Sunday warned of catastrophic consequences for supporters of the latest United Nations . . .

Japan Earthquake Collapses Homes, Causes Injuries

Saturday, 22 Nov 2014 12:33 PM

A strong earthquake late Saturday struck a mountainous area of central Japan that hosted the 1998 winter Olympics, knock . . .

1 Dead as 5.9 Magnitude Quake Hits China's Sichuan Province

Saturday, 22 Nov 2014 07:44 AM

A 5.9 magnitude earthquake struck China's southwestern province of Sichuan on Saturday, the US Geological Survey said, w . . .

Most Commented

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved